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🇯🇵 Japan /Economy & Trade

SoftBank Group to develop AI data centers in France with 14 trillion yen investment

From NHK · () Japanese

Translated from Japanese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • SoftBank Group plans to develop AI data centers in France, investing up to 75 billion euros (approximately 14 trillion yen).
  • The investment is driven by the intensifying global competition in AI development.
  • The project aims to support AI development by providing necessary infrastructure.

SoftBank Group announced plans to construct AI data centers in France, a move signaling a significant investment in the rapidly growing field of artificial intelligence. The company intends to invest up to 75 billion euros, which amounts to approximately 14 trillion Japanese yen, in this ambitious project.

This strategic decision comes amid a fierce global race to develop advanced AI technologies. SoftBank Group's investment is aimed at bolstering AI development by establishing the necessary infrastructure to support these cutting-edge endeavors. The data centers are expected to provide the computing power and storage capabilities required for complex AI research and applications.

The initiative highlights France's growing importance as a hub for technological innovation and investment in Europe. SoftBank's commitment underscores the global trend of major corporations expanding their AI-related infrastructure to maintain a competitive edge in the evolving technological landscape.

DistantNews Editorial

Originally published by NHK in Japanese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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