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SoftBank Bets Up to €75 Billion on France in Massive AI Data Center Push


SoftBank Bets Up to €75 Billion on France in Massive AI Data Center Push

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SoftBank plans to develop and operate 5 gigawatts of AI data center capacity in France with investment potentially reaching €75 billion to meet surging high-performance computing demand and position France as a major AI infrastructure hub. While the project is AI-focused, the scale of HPC capacity could indirectly support crypto infrastructure by improving compute for blockchain validation, DeFi and CEX operations, token launch scalability and on-chain security, implying bullish implications for crypto adoption and infrastructure.

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SoftBank Group is making a huge move in AI infrastructure in Europe, with plans to develop and operate a whopping 5 gigawatts of AI data center capacity in France.

The investment, which could reach up to 75 billion euros, is intended to meet surging demand for high-performance computing and position the country as a major European hub for artificial intelligence infrastructure.

Read the article at CryptoPotato

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