France Unveils 109 Billion Euro AI Investments Amid Global Growth

France Unveils 109 Billion Euro AI Investments

France is set to unveil private-sector investments worth around 109 billion euros in the country's artificial intelligence sector at an event in Paris this week. The funding includes a 20 billion-euro investment from Canadian group Brookfield, with local media reports saying much of it will be towards a data center. The UAE has also pledged to invest in the construction of a one gigawatt data center as part of a broader campus dedicated to developing AI in France.

China's AI Rise

China-based AI companies are gaining attention, with DeepSeek's advanced AI model rivaling that of OpenAI's GPT-4. Alibaba, a well-established and profitable tech company, is strategically positioned to benefit from the rise of AI, with its business ecosystem providing plenty of use cases and data to train and improve its AI models.

AI in Education

Alpha School is using AI to transform teaching and unleash students' potential. The school divides the morning into four blocks of 30 minutes, during which time students work through core subjects led by AI tutors. Afternoons feature projects, life skills, and other high-value activities.

AI in Dating Apps

Dating apps are turning to AI to improve user experiences. Grindr aims to release a "wingman" chatbot that will provide tailored advice and suggest date spots. Bumble founder Whitney Wolfe Herd is working on AI dating personas that will automatically interact on behalf of users.

AI in E-commerce

Shopify is using AI to automate routine tasks and provide merchants with sophisticated tools. The company's AI suite, "Shopify Magic

France Unveils 109 Billion Euro AI Investments Amid Global Growth