France is investing $ 113 billion in artificial intelligence

France is preparing to announce total investments of 109 billion euros ($ 113 billion) in artificial intelligence projects in the country, with financing of companies, investment funds and other sources in the coming years, according to President Emmanuel Macron, announcing the eve of the two -day artificial intelligence in Paris. In an interview with ‘France 2’ TV Sunday, Macron indicated an investment that was previously announced between 30 and 50 billion euros to create a new data centers in France through a fund of the Emirates. The French president also talked about new financing from US and Canadian funds. Brookfield Asset Management announced its plans on Sunday to invest 20 billion euros to develop data centers and artificial intelligence infrastructure in France over the next five years. Macron also mentions expected investments from French companies such as “Iliad SA”, “Orange SA” and “Thales SA”. Also read: The vague works with France in the field of the development of artificial intelligence. The importance of artificial intelligence for Europe and France compared Macron the total of these investments, in terms of size, with Donald Trump’s announcement of the “Stargate” project, an initiative that includes a number of the largest US technology companies in the next four years. Macron’s remarks came before the start of the summit that brings together heads of state and governments, including the Prime Minister of India Narendra Modi, in addition to business leaders such as Clouds Fawry, CEO of “Airbus”. In the same way, which reinforced the appearance of Chinese low -cost “Deep Cick”, China’s position at the scene of artificial intelligence, Macron said France and Europe should move quickly if they want to stay in competition. Macron added: “The first battle for Europeans is investment, then investment, then investment. If we impose legislation before innovation, we will have no innovation, and people will say: We have great legislation in Europe, but we do not have one player in this area.”