Saturday, October 24, 2026
News

SoftBank to invest up to Euro 75 billion (USD 87 bn) in France for 5 GW AI data centre capacity

SocialTwist Tell-a-Friend    Print this Page   COMMENT

Paris | June 1, 2026 2:24:42 PM IST
SoftBank Group Corp. has announced plans to develop and operate 5 gigawatts (GW) of artificial intelligence (AI) data centre capacity in France, with a total investment of up to Euro 75 billion (USD 87 bn), marking one of the largest AI infrastructure commitments in Europe.

The announcement was made during the 2026 Choose France summit hosted by French President Emmanuel Macron. As part of the first phase, SoftBank will invest an initial EUR45 billion (USD 52.2 bn) to build 3.1 GW of AI data centre capacity in the Hauts-de-France region by 2031.

According to the company, the project aims to support the growing demand for high-performance computing infrastructure required by AI companies, cloud service providers, enterprises, public institutions and research organisations.

SoftBank Group Chairman and Chief Executive Officer Masayoshi Son said the investment reflects the increasing importance of AI infrastructure in shaping future technological development.

"AI is entering a new era, and the countries that build the infrastructure for this transformation will shape the future of technology, industry and society," Son said.

He added that France possesses the necessary industrial capabilities and talent to emerge as a major AI hub in Europe. "SoftBank is proud to make this major commitment to France. With its industrial capabilities, talent base and national ambition, France is uniquely positioned to become a leading AI infrastructure hub in Europe," he said.

The first phase of the project includes planned data centre developments in Dunkirk (Loon-Plage), Bosquel and Bouchain in northern France. SoftBank also intends to develop additional sites across the country and will work with SB Energy and other strategic partners on the projects.

French Minister of Economy, Finance, and Industrial, Energy and Digital Sovereignty Roland Lescure described the investment as SoftBank's first major AI data centre initiative in Europe and said it underlined France's ambitions in the AI sector.

The project will include partnerships with French companies such as EDF for the Bouchain data centre and Schneider Electric for a robotised manufacturing plant in Dunkirk.

Bernard Fontana, Chairman and CEO of EDF, said, "The project selected for the Bouchain site demonstrates France's ability to host large-scale digital infrastructure, supported by competitive, sovereign and low-carbon electricity."

SoftBank said the projects would leverage France's advanced electricity grid, availability of industrial land, engineering expertise and strong governmental support for artificial intelligence. The company added that the investment is expected to strengthen France's position as a leading European hub for next-generation digital infrastructure while supporting broader goals of technological and digital sovereignty. (ANI)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
L&T Finance's Pitch Point Launchpad ...
Piyush Goyal asks ministry to identify A...
Piyush Goyal calls for stronger industry...
TCL Zhonghuan Powers India's Energy Tran...
India-Germany R&D partnership can bo...
Better logistics, trade pacts, policy su...
More...
 
INDIA WORLD ASIA
Himachal Pradesh: Second FIR against for...
Youth shot dead over scooter parking row...
'Rahul Gandhi is eternal youth product w...
Union Minister Sarbananda Sonowal calls ...
NHRC takes cognisance of allegations of ...
'Their service inspires the nation': PM ...
More...    
 
 Top Stories
India condemns attack on church in ... 
Punjab Police register up to 20 FIR... 
Better logistics, trade pacts, poli... 
Youth shot dead over scooter parkin... 
Jamia shifts classes to online mode... 
Punjab: Sukhbir Badal demands accou... 
Luméra International 2026: Label by... 
Ahmedabad International Book Festiv...