At the Artificial Intelligence Action Summit in Paris, President Emmanuel Macron announced a staggering €109 billion investment to bolster France's AI ecosystem, focusing on building data centers and supporting AI startups. He touted France's nuclear energy supply as a competitive advantage for attracting international investment. Macron emphasized the summit's broader significance, framing it as a crucial moment for Europe to strategize on AI and urged collaboration within the EU to harmonize regulations and promote local startups, contrasting the European approach to that of the U.S. and China.
"I have a good friend on the other side of the ocean saying 'drill, baby, drill.' Here, there is no need to drill, it's just 'plug, baby, plug.'"
"This summit is not just the announcement of a lot of investment in France. It's a wake-up call for a European strategy."
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