France, UAE agree to develop 1 gigawatt AI data centre
President Emmanuel Macron hosted his Emirati counterpart Sheikh Mohamed bin Zayed al-Nahyan on Thursday evening ahead of a summit on artificial intelligence in Paris next week that will gather around 100 countries to focus on AI's potential.
The February 10-11 summit also aims to put France and Europe on the AI map as they try to rival the U.S. and China, which have taken a lead on the energy-intensive technology.
"The two leaders expressed their desire to create a strategic partnership in the field of AI and committed to exploring collaborations on projects and investments supporting the development of the AI value chain," a joint Franco-Emirati statement said.
They said the investments would be in both French and Emirati AI, the acquisition of cutting-edge chips, data centres, talent development, as well as the establishment of virtual data embassies to enable the establishment of sovereign AI and cloud infrastructures in both countries.
An announcement on the first investments will be made at the Choose France summit later this year.
The French government earlier on Thursday said it had located 35 sites to host AI data centres.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Reuters
2 hours ago
- Reuters
Britain's Octopus Energy considers 14 billion dollar demerger of tech arm Kraken, Sky News reports
July 5 (Reuters) - Britain's Octopus Energy is close to hiring bankers to oversee a 10 billion pounds ($13.65 billion) separation and stake sale of its technology arm Kraken Technologies, Sky News reported on Saturday, citing sources familiar with the matter. Reuters could not immediately verify the report. ($1 = 0.7325 pounds)
Reuters
3 hours ago
- Reuters
OPEC+ considers raising oil output by 550,000 bpd in August, sources say
LONDON, July 5 (Reuters) - OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on Saturday, up from the monthly increases of 411,000 bpd it approved for May, June and July, two sources familiar with the discussions said.
Reuters
5 hours ago
- Reuters
EU to stockpile critical minerals amid geopolitical risks, FT says
July 5 (Reuters) - The European Union plans to stockpile critical minerals as a precaution against potential supply disruptions due to geopolitical tension, the Financial Times reported on Saturday, citing a draft document by the European Commission. "The EU faces an increasingly complex and deteriorating risk landscape marked by rising geopolitical tensions, including conflict, the mounting impacts of climate change, environmental degradation, and hybrid and cyber threats," the newspaper quoted the draft as saying. The document warns that the higher-risk environment was driven by "increased activity from hacktivists, cybercriminals and state-sponsored groups", the FT said. The European Commission did not immediately respond to a Reuters request for comment. The draft document, due to be published next week and still subject to change, says there is "limited common understanding of which essential goods are needed for crisis preparedness against the backdrop of a rapidly evolving risk landscape", the newspaper reported. In March, the European Commission unveiled its EU Preparedness Union Strategy, urging member states to strengthen stockpiles of critical equipment and encouraging citizens to keep at least 72 hours' worth of essential supplies in case of emergencies. The strategy was designed to prepare the bloc for risks such as natural disasters, cyberattacks and geopolitical crises, including the possibility of armed aggression against EU countries.
