French consortium to bid for EU’s AI datacentre fund

The AION consortium, which groups some of France’s biggest tech and infrastructure companies, will seek EU funding for an expected €10 billion ($11.60 billion) data centre it plans to build in France.

To try to close the gap between Europe ‌and the ⁠United States ⁠and China, which have invested heavily in high-capacity data centres, the European Union’s executive in December launched a €20 billion fund to boost investment in AI infrastructure.

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