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SoftBank says it will invest up to €75B to build French data centers

SoftBank says it will invest up to €75B to build French data centers Image: Primary
SoftBank Group announced today that it plans to spend up to 75 billion euros, around 87 billion dollars, to expand data center capacity in France. The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity. The first phase of the plan involves building data centers in Dunkirk (Loon-Plage), Bosquel and Bouchain to deliver 3.1 gigawatts of capacity to the Hauts-de-France region SoftBank, which is both an investor in and customer of OpenAI, says this will be its largest AI infrastructure investment in Europe. In a statement, French economic minister Roland Lescure described the announcement as a testament to President Emmanuel Macron's ambition to position France as a leading destination all along the AI value chain. In the United States, opposition to data center construction is heating up over environmental concerns, as well as questions about how data centers affect the electrical grid and utility prices. SoftBank earlier announced plans to build a data center in Ohio, powered
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.