TECH NEWS

SoftBank offers €75 billion to help build Europe’s biggest data centre project

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  • €75 billion SoftBank investment will enable up to 5GW of data center capacity
  • French nuclear energy, land availability and government policies cited as key drivers
  • Local joint venture will create a 1GW facility and give locals €10 million in AI support

SoftBank CEO Masayoshi Son has pledged €75 billion/$87 billion to build what could become Europe's biggest AI infrastructure project, which would include a network of data centers across France.

Besides being SoftBank's biggest AI infrastructure investment in Europe to date, it also marks a major step forward for the EU as part of its effort to promote home-grown infrastructure and to reduce its reliance on US Big Tech.

The project as a whole will target 5GW of capacity, with the first phase accounting for around 3.1GW by 2031 in Hauts-de-France, at the cost of €45 billion.

SoftBank pledges €75 billion to support French data center buildout

Masayoshi Son has...

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