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SoftBank commits $81B to AI hubs
SoftBank Group plans to invest up to €75 billion (approximately $81 billion) in France to create the largest data center and AI infrastructure complex in Europe, with an initial cost of up to €45 billion (around $48.6 billion) over five years in the Hauts-de-France region. The project aims to provide an operational capacity of 3.1 gigawatts of power and is considered the largest of its kind in Europe, with three sites expected to be operational by 2031. This investment is part of a broad global campaign led by the company to strengthen its capabilities in the artificial intelligence sector, focusing on leveraging France's abundant energy resources, especially nuclear power, to attract substantial investments in digital infrastructure.
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