SoftBank has pledged to invest up to €75bn in a vast network of AI computing clusters in France, backing what would be Europe’s biggest data centre project as the region races to catch up with the US and China in AI infrastructure.
The commitment marks the largest AI investment by Masayoshi Son’s group outside the US and delivers a boost to Emmanuel Macron ahead of the French president’s Choose France event next week, an annual gathering of dealmakers and executives.
The deal came together quickly after Macron and Son dined together in Tokyo in early April, according to people familiar with the meeting, where the president pitched France’s combination of plentiful nuclear power and fast-tracked approval for AI facilities.