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Macron Secures Massive Investments at Choose France Summit
The pledges include €45 billion from SoftBank and more than 15,000 jobs, Macron said, as France targets artificial intelligence and data centres.
- On Monday, French President Emmanuel Macron announced a record €93 billion in foreign investment pledges at the annual 'Choose France' summit in Versailles, with 71 projects expected to create more than 15,600 jobs.
- Pledged capital for this year surpasses the combined €87 billion raised over the previous eight years, continuing momentum since 2018 when more than 230 projects were first announced.
- SoftBank CEO Masayoshi Son pledged €45 billion for data centers in the Hauts-de-France region by 2031, noting total infrastructure investment could eventually approach $750 billion while citing France's nuclear-powered electricity as a key factor.
- Other major commitments include investments from Amazon, Brookfield, Ardian, Verne, and Salesforce, as Macron stated these projects aim to make France a 'forward base' for AI robots and industrialization.
- Despite the record figures, economist Sylvain Bersinger warned that these announcements 'must not obscure' that overall corporate investment remains depressed and reindustrialization remains 'more of a pious wish than a reality.
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Macron seeks to harness French nuclear capacity to turn European country into global power in artificial intelligence
·Brazil
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The President also announced the creation of "more than 15,000 jobs" on Monday, 1 June. The amount announced for 2026 exceeds the investments of the last eight cumulative editions.
·Paris, France
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The ninth edition of "Choose France", organised on June 1st, will make it possible to announce foreign investment in France for a global amount "a record 93 billion euros", allowing to create "more than 15,000 jobs", declared Emmanuel Macron. This amount includes the 45 billion euros promised this weekend, by 2031, by the Japanese technology giant SoftBank, for a colossal data center project.
·Paris, France
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Total News Sources25
Leaning Left3Leaning Right4Center4Last UpdatedBias Distribution37% Center, 36% Right
Bias Distribution
- 37% of the sources are Center, 36% of the sources lean Right
37% Center
L 27%
C 37%
R 36%
Factuality
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