Japanese tech giant SoftBank Group has announced plans to invest between €45-75 billion in France's AI infrastructure through data center projects, marking one of Europe's largest private tech investments. The dual-phase investment was unveiled at the "Choose France" summit, where foreign companies pledged €93 billion total, with SoftBank's commitment being the centerpiece. The project includes building multiple data centers leveraging France's nuclear energy advantage, with Schneider Electric as a key partner. Huanqiu+2
SoftBank's investment will create Europe's largest AI computing hub, with initial 3.1-gigawatt capacity by 2031. The €45 billion confirmed investment focuses on three new data centers in Hauts-de-France, while the potential €75 billion expansion could reach 5-gigawatt capacity. CEO Masayoshi Son emphasized France's robust power supply as critical for AI development during his announcement with President Macron. Huanqiu+2
The "Choose France" summit secured record foreign investments expected to create 15,000 jobs, with SoftBank's project being the largest single commitment. France's stable nuclear energy supply (providing 70% of electricity) and competitive corporate tax rates made it the preferred location. The government also pledged €1.55 billion for quantum and semiconductor research to complement these developments. ChinaNews+2
Schneider Electric will provide critical power infrastructure for the data centers, which require massive electricity supplies. The Dunkirk facility will focus on AI training and robotics development, benefiting from northern France's energy surplus. SoftBank's choice reflects France's nuclear advantage over neighboring countries' energy grids. Huanqiu+2
Analysts note challenges including SoftBank's $140 billion debt and France's upcoming presidential election, which could shift tech policies. The phased approach—starting with €45 billion—allows flexibility amid market fluctuations. Some reports indicate the €75 billion figure represents a long-term aspiration rather than committed capital. Huanqiu+2