Paris AI Summit Announces €109 Billion Investment for AI Development and Global Partnerships
DATA AND AI INFRASTRUCTURE
The Paris AI Summit announced a €109 billion investment from private investors for AI development and digital infrastructure in France, with the UAE pledging €50 billion for a major AI campus. The EU plans to contribute €50 billion to a broader €200 billion investment initiative, while a declaration signed by around sixty countries promotes ethical AI practices. Notably, the US, UK, and Israel did not participate in the agreement.

Jan 31, 2026, 6:06 AM