PSX News Updates
PSX News Updates
February 8, 2025 at 04:11 PM
*UAE to invest €50bn in AI data center in France* The United Arab Emirates plans to invest €30 to €50 billion in building a huge artificial intelligence (AI) data center in France, which will serve as the core of a new AI campus with a capacity of up to 1 gigawatt, according to the French presidency. This investment is part of a larger AI agreement signed in Paris between French President Emmanuel Macron and his UAE counterpart, Sheikh Mohamed bin Zayed Al Nahyan.

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