SoftBank to build up AI data centres in France with major investment


FILE PHOTO: The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. REUTERS/Issei Kato/File Photo

PARIS, May 30 (Reuters) - ⁠Japan's SoftBank Group will invest €45 billion over the ⁠next five years in a push to build ‌up artificial intelligence infrastructure in France, founder Masayoshi Son told the paper La Tribune Dimanche in an interview published on Saturday.

Son said ​the investment, described as the biggest ⁠of its kind so ⁠far in Europe, would be made in the northern Hauts-de-France ⁠region. ‌The overall sum SoftBank intends to invest in France will reach €75 billion, Son said.

The investment ⁠plans are due to be formally announced on ​Monday at ‌the annual Choose France business conference.

According to La ⁠Tribune Dimanche, ​two sites for data centres at Le Bosquel and Dunkirk are expected to come into operation in 2028 and 2031 ⁠respectively, providing together more than 5 ​gigawatts of computing capacity.

"The fact that the country is a producer and exporter of energy is absolutely decisive for ⁠investments in AI infrastructure," Son said when asked why he picked France.

The French commitment adds to a global AI infrastructure spending spree by SoftBank. Its investments in ​AI also include over $30 billion invested ⁠in OpenAI so far, for about an 11% stake.

France ​has been using the Choose France ‌summit to court foreign investors ​since it was launched by President Emmanuel Macron in 2018.

(reporting by Tassilo HummelEditing by Tomasz Janowski)

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