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The future of artificial intelligence in France is looking a whole lot brighter. And Brookfield is behind it.
What’s happening:
- Brookfield (NYSE: BAM) has announced they will invest €20B into building out new artificial intelligence infrastructure in France
By the numbers:
- Brookfield plans to deploy their €20B investment over the next 5 years
- Approximately €15B will be allocated towards building out new large scale data centres in France, which will be developed by Brookfield’s portfolio company Data4
- Another €5B will be invested directly into computing hardware, energy infrastructure and leading edge chips
Why it matters:
- This is one of the largest single investments ever from a publicly listed company for developing artificial intelligence infrastructure within France
Going deeper:
- Brookfield’s new investment into France comes just shortly after the United States of America officially announced a new mega deal between SoftBank, OpenAI and Oracle (NYSE: ORCL) to inject half a trillion dollars into new data centres and artificial intelligence infrastructure in America
