Topics

Latest

AI

Amazon

Article image

Image Credits:Ludovic Marin / AFP / Getty Images

Apps

Biotech & Health

Climate

TOPSHOT - France’s President Emmanuel Macron (C) delivers a speech during a closing event for the first day of the Artificial Intelligence (AI) Action Summit, at the Grand Palais, in Paris, on February 10, 2025. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)

Image Credits:Ludovic Marin / AFP / Getty Images

Cloud Computing

Commerce

Crypto

Enterprise

EVs

Fintech

Fundraising

Gadgets

Gaming

Google

Government & Policy

Hardware

Instagram

Layoffs

Media & Entertainment

Meta

Microsoft

Privacy

Robotics

Security

Social

distance

Startups

TikTok

exile

speculation

More from TechCrunch

Events

Startup Battlefield

StrictlyVC

newssheet

Podcasts

Videos

Partner Content

TechCrunch Brand Studio

Crunchboard

get through Us

All eyes were on French President Emmanuel Macron Sunday at the ending of the first twenty-four hour period of theArtificial Intelligence Action Summitin Paris after he announced a€109 billion investment package(around $ 112 billion at current exchange rates ) in the French AI ecosystem .

He reiterated this financial dedication from private partners willing to progress data centers in France ( mostly ) and invest in AI inauguration ( sometimes ) . accord to him , the primary grounds why international investors are prefer France for their next massive information centre task issue forth down to the nation ’s oversupply of nuclear vigor .

“ I have a good friend on the other side of the sea saying ‘ drill , baby , drill . ’ Here , there is no need to bore , it ’s just ‘ plug , baby , fireplug , ’ ” Macron said .

But he does n’t want to make the AI Action Summit all about France . “ For me , this height is not just the declaration of a mess of investment in France . It ’s a wake - up call for a European strategy , ” he said .

“ Tomorrow , President von der Leyen will declare the European AI strategy and it will be a very important occasion . But this strategy will be a unique opportunity for Europe to accelerate , to simplify our regulations , to deepen the single market and to clothe as well in computing capacitance , ” he added .

As the European Union require tostreamline regulating , Macron also seems to back this descent of thinking . “ It ’s very clear that we have to synchronize with the rest of the humanity in terms of transmission , in terms of permitting , in term of authorization , clinical trials — I mean , in all the different sectors . ”

Macron also urged European companies to buy from European startup . According to him , most caller in the U.S. and China favour homegrown solutions . But that ’s seldom the shell in Europe , especially when it fall to technology .

Join us at TechCrunch Sessions: AI

Exhibit at TechCrunch Sessions: AI

On Tuesday , world-wide leaders and tech chief executive officer will unveil a new statement . Many will size up both the content and the list of rural area sign the pledge at the end of the summit to see if it ’s still potential to agree on a list of priorities when it comes to AI regularization .

Read our full coverageof the Artificial Intelligence Action Summit in Paris .