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The first phase of the project includes an initial €45 billion investment to deliver 3.1 gigawatts of AI data center capacity in France’s Hauts-de-France region by 2031. The planned sites include Dunkirk, Bosquel, and Bouchain.

Meanwhile, SFTBY shares dropped 2.35% on Friday, closing at $23.65.

France Pushes for Sovereign AI

The investment comes as French President Emmanuel Macron pushes to make France a stronger European hub for AI infrastructure. Macron has argued that countries outside the U.S. and China need more control over their own data, computing power, and AI technology.