February 10, 2025

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France Invests Big in AI, Boosting Global Industry Growth

The world of artificial intelligence (AI) is rapidly evolving, with significant investments and innovations emerging across various sectors. In this news brief, we'll delve into the latest developments in AI, from France's ambitious investment plans to the growing adoption of AI in industries such as gaming and healthcare.

France Taps Nuclear Power for New AI Training Cluster

France is making a bid to catch up in the artificial intelligence race by leaning on one of its strengths: plentiful nuclear power. The French government plans to pledge a gigawatt of nuclear power for a new artificial-intelligence computing project expected to cost tens of billions of dollars. This project is expected to create one of the world's largest AI-computing facilities.

How to Develop an AI Agent for Crypto Trading

Developing an AI-powered crypto trading agent requires a solid architecture, real-time data processing, and adaptive learning capabilities. The agent should be able to process real-time market data, automate execution, manage risk, and continuously adapt to changing market conditions. To build an effective AI-powered crypto trading agent, you need a mix of technical, financial, and analytical skills.

Artificial Intelligence in Games Market to Grow by USD 27.47 Billion

The global Artificial Intelligence (AI) in games market size is estimated to grow by USD 27.47 billion from 2025-2029, boosted by AR and VR game adoption. The market is expected to grow at a CAGR of 42.3% during the forecast period. Growing adoption of AR and VR games is driving market growth, with a trend towards increasing emergence of cloud gaming.

AI Will Likely Eliminate Some Jobs, but Could Also Help Us Live Longer, Better

A Mercyhurst professor said many worry about how artificial intelligence might disrupt their lives. Students, meanwhile, are eager to learn. Artificial intelligence, coupled with the growth of automation, will almost certainly lead to lost jobs. However, just as many jobs, or perhaps more, are likely to be created.

Macron Announces $112B in AI Investment Over Coming Years

French President Emmanuel Macron has announced a €109 billion ($112 billion) investment in artificial intelligence (AI) over the coming years. Speaking to public broadcaster France 2 on Sunday ahead of the 3rd AI summit in Paris, Macron emphasized the need for international cooperation and regulation.

Standard Chartered and LSEG Launch AI Investment Service

Standard Chartered has partnered with LSEG, the financial markets infrastructure and data provider, to launch an artificial intelligence platform that converts foreign exchange analysis into video content. The platform, named Standard Chartered Wealth Management FX Intelligent Expert, uses AI to create one-minute videos with voiceovers and graphics from the bank's daily trading analysis.

Key Takeaways

  • France is investing €109 billion in AI, a significant move to match the US.
  • The AI in Games market is expected to grow by USD 27.47 billion from 2025-2029.
  • AI is being adopted in various industries, including gaming, healthcare, and finance.
  • The use of AI is expected to create new jobs and improve lives, but also poses challenges such as job displacement.
  • International cooperation and regulation are necessary to ensure the responsible development and use of AI.

Sources

Artificial Intelligence France AI Investment AI in Gaming AI in Healthcare AI in Finance AI Job Displacement