France secured more than €110bn of proposed AI and data centre investments this week, but the projects will test whether President Emmanuel Macron can overcome longstanding energy bottlenecks in order to become Europe’s tech powerhouse.
The announcements, which include a €75bn pledge from Japan’s SoftBank, would multiply France’s data centre capacity several times over if completed. Yet investors, energy executives and developers said the plans depend on an ambitious effort to accelerate approvals and grid access that have historically taken years.
The commitments, announced around Macron’s Choose France investment summit, amount to roughly 10 gigawatts of additional computing capacity — equivalent to the output of about 10 nuclear reactors.
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