PARIS (Reuters) – President Emmanuel Macron announced on Sunday that France will invest 109 billion euros ($112.5 billion) in artificial intelligence over the coming years, as part of the Paris AI summit opening on Monday. The announcement was made during a speech on national television, highlighting France’s commitment to leading in the AI sector. The investment is expected to bolster the country’s technological infrastructure and foster innovation in AI research and development. This significant financial commitment underscores the importance of AI in shaping the future of various industries, from healthcare to transportation, and positions France as a key player in the global AI landscape. The summit, which brings together experts, policymakers, and industry leaders, aims to discuss the ethical implications, regulatory frameworks, and collaborative opportunities in the AI field. With this investment, France is set to enhance its capabilities in AI, driving economic growth and technological advancement.

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