Technology DECODED
Previous edition: 15 May 2024
Share article
Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now
Amazon and Microsoft invest in France's cloud and AI infrastructure
Both Amazon and Microsoft have invested in France’s cloud and AI sectors during the annual Choose France investment summit which began today (13 May).
Amazon Web Services (AWS) will invest around $1.3bn (€1.2bn) in France’s cloud computing infrastructure.
The investment will go towards new cloud infrastructure around Paris to support France’s efforts in generative AI.
Alongside the investment, AWS also committed to creating 3,000 new jobs across France.
Microsoft also announced an investment of $4.3bn in France’s AI and cloud industries and has stated it will help train over a million people in France in AI.
In collaboration with government employment agency Travail, Microsoft will help deploy AI training to job seekers.
Microsoft stated that AI training could help job seekers widen their search for work and empower them in the modern workplace by becoming more tech literate.
“Artificial intelligence is an essential lever for accessing and returning to employment,” said Travail’s general manager, Thibaut Guilluy.
“Jobseekers cannot do without AI in a context where these new tools will significantly improve job search techniques and impact many job roles. France Travail’s commitment alongside Microsoft is essential to provide jobseekers with all the solutions and skills they need to use AI,” stated Guilluy.
The $4.3bn invested by Microsoft will be used to create more data centres to keep up with the large compute workload needed to power generative AI.
Extensions on existing data centres in Paris and Marseille are planned, as well as a new data centre campus in Grand Est Region.
Corine de Bilbao, corporate vice president for Microsoft France, called it a historic investment into France’s tech industry.
“Through state-of-the-art cloud and AI infrastructure, a major training plan for the French and renewed support for startups in the hexagon, we are pursuing our commitment to sustainable and inclusive growth,” said de Bilbao.
Latest news
Analysis: Microsoft leads Big Tech data centre investment boom driven by energy hungry AI
News of Microsoft’s $3.3bn investment in a state-of-the-art AI data centre in the US state of Wisconsin demonstrates a marked trend in data centre investment by the companies driving energy hungry AI development.
ChatGPT app now free to download on smartphones
OpenAI’s AI chatbot ChatGPT is now free to download on the AppStore and Google Play, with a Mac desktop app due to be released.
In data: mobile gaming will generate $195bn in revenue by 2030
As the console and personal computing (PC) gaming market suffers a wave of studio closures and layoffs following aggressive cost cutting by leading companies, the global mobile gaming market is continuing to see strong growth, according to GlobalData forecasts.
Interview: Virtualstock CEO Ed Bradley shares his advice for SaaS companies
Ed Bradley CEO and founder of Virtualstock, a global drop shipping software-as-a-service (SaaS) platform, which supports blue chip retailers including Aldi, Argos, and B&Q shares his advice for companies navigating challenging market conditions.
Industry takes: the importance of keeping healthcare businesses cybersecure
Cybersecurity is vital for all industries, but there are in which breaches have more impact than healthcare.
SoftBank’s Arm to launch AI chips by 2025
UK semiconductor company Arm, majority owned by Softbank Group, is set to launch its own AI chips by next year, as the AI chip race continues to heat up.
In our previous edition
Technology Decoded
Analysis: will the UK AI bill do enough for businesses?
14 May 2024
Technology Decoded
Analysis: will the UK AI bill do enough for businesses?
13 May 2024
Technology Decoded
Analysis: will Microsoft's AI investment pay off?
10 May 2024
Newsletters in other sectors
Aerospace, Defence & Security
Automotive
Banking & Payments
Travel and Tourism
Search companies, themes, reports, as well as actionable data & insights spanning 22 global industries
Access more premium companies when you subscribe to Explorer