UAE to Invest Up to €50 Billion in AI Data Processing Center in France
Paris and Abu Dhabi Strengthen Cooperation in High-Tech Sector
The United Arab Emirates has pledged to invest between €30 billion and €50 billion in the construction of an AI data processing center in France. The agreement was reached during negotiations between French President Emmanuel Macron and Sheikh Mohammed bin Zayed.
What Do We Know About the Project?
- This is one of the largest foreign investments by the UAE in digital technology.
- The center will serve as a key hub for AI data processing and storage in Europe.
- The project aims to strengthen France’s position as a leader in AI development and applications.
Why Is This Important?
France is actively developing its high-tech sector, aiming to compete with the U.S. and China. UAE investments could boost the French AI industry and create thousands of new jobs.
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