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1. • €200 million

     • Billionaire Xavier Niel is investing €200 million ($212 million) in artificial intelligence, split between a future research lab to be located in Paris, cloud supercomputing capabilities powered by Nvidia Corp. hardware, and funding for startups.
     origin.www.bloomberg.com/news/articles/2023-09-26/billionaire-xavier-niel-invests-200-million-in-french-ai-push?srnd=technology-vp

     Billionaire Xavier Niel Invests €200 Million in French AI Push

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   Who is Xavier Niel?

   • The first edition is scheduled to take place on 17 November at Station F, the world's largest start-up incubator in Paris, founded by Niel in 2017. French businessman Xavier Niel, owner of the Iliad technology group, on Tuesday announced strategic investments designed to create a "European champion" of artificial intelligence (AI).

   French businessman announces mega investment in artificial intelligence

   www.rfi.fr/en/business/20230926-french-businessman-announces-mega-investment-in-artificial-intelligence

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   Which AI companies is Niel backing?

   • French billionaire Xavier Niel has pledged to invest up to $210 million in Mistral AI, another French AI company that raised a $113 million seed round. Mistral AI is one of the companies backed by Niel.

   French billionaire Xavier Niel pledges to invest up to $210 million in

   techcrunch.com/2023/09/27/french-billionaire-xavier-niel-pledges-to-invest-up-to-210-million-in-ai/

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   How will Iliad & Niel invest in artificial intelligence?

   • Iliad and Niel will invest in artificial intelligence through various means. Iliad has opened a research center in Paris with an initial investment of $105 million (€100 million). The research center aims to hire researchers in the field of artificial intelligence and grant PhD students.

   French billionaire Xavier Niel pledges to invest up to $210 million in

   techcrunch.com/2023/09/27/french-billionaire-xavier-niel-pledges-to-invest-up-to-210-million-in-ai/

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   Does Iliad invest in Artificial Intelligence (AI)?

   • One of Iliad's subsidiaries is Scaleway, a popular European cloud provider. Iliad invests in AI through an initial investment of $105 million (€100 million) in a research center in Paris. Niel also plans to make additional AI investments in different ways.

   French billionaire Xavier Niel pledges to invest up to $210 million in

   techcrunch.com/2023/09/27/french-billionaire-xavier-niel-pledges-to-invest-up-to-210-million-in-ai/

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   What is Niel investing in?

   • Niel’s telecoms group Iliad will invest across projects that include a cloud supercomputer powered by Nvidia, a research centre in Paris and an annual AI conference at Station F, Niel’s start-up campus in the French capital, the group announced on Tuesday. “To influence the AI market, you need computing power.

   French billionaire Xavier Niel to invest €200mn in artificial intelligence

   www.ft.com/content/ff29e490-118e-4eca-8edb-a02baae05675

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   Why is French ai developing?

   • The push for French AI development comes as European policymakers and politicians are seeking to balance the region’s desire to develop a foothold in generative AI with a need to regulate the emerging technology, to avoid the negative consequences experienced with previous technological innovations like social media.

   French billionaire Xavier Niel to invest €200mn in artificial intelligence

   www.ft.com/content/ff29e490-118e-4eca-8edb-a02baae05675

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3. www.ft.com › content › ff29e490-118e-4eca-8edb-a02French billionaire Xavier Niel to invest €200mn in artificial ...

   www.ft.com › content › ff29e490-118e-4eca-8edb-a02

   Sep 26, 2023 · French billionaire Xavier Niel is investing €200mn in artificial intelligence, as one of the biggest names in European tech tries to ensure the region remains competitive in the innovation race...

   • Author: Adrienne Klasa

4. www.rfi.fr › en › businessFrench businessman announces mega investment in artificial ...

   www.rfi.fr › en › business

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   Sep 26, 2023 · French businessman Xavier Niel, owner of the Iliad technology group, on Tuesday announced strategic investments designed to create a "European champion" of artificial intelligence (AI).

5. www.independent.ie › business › technologyEir’s owner Xavier Niel investing €200m in artificial ...

   www.independent.ie › business › technology

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   Sep 28, 2023 · Irish telecom group Eir’s billionaire owner Xavier Niel is investing €200m in artificial intelligence, split between a future research lab to be located in Paris, cloud supercomputing...

   • Author: Benoit Berthelot

6. techcrunch.com › 2023/09/27 › french-billionaireFrench billionaire Xavier Niel pledges to invest up to $210 ...

   techcrunch.com › 2023/09/27 › french-billionaire

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   Sep 27, 2023 · Xavier Niel, the founder, CEO and majority shareholder of telecom company Iliad, has announced several new projects around AI and told the AFP that he plans to conduct strategic investments in...

7. robots.net › news › xavier-niel-pledges-210-millionXavier Niel Pledges $210 Million Investment In Artificial ...

   robots.net › news › xavier-niel-pledges-210-million

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   Sep 28, 2023 · Xavier Niel, the CEO and majority shareholder of Iliad, is allocating $210 million towards AI investments. Through the establishment of a research center, deployment of cutting-edge GPU cloud solutions, and the launch of a European AI conference, Niel intends to pioneer AI advancements in Europe, positioning the continent as a major player in ...

8. www.verdict.co.uk › billionaire-xavier-niel-bets-eBillionaire Xavier Niel bets €200m on French AI - Verdict

   www.verdict.co.uk › billionaire-xavier-niel-bets-e

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   Sep 26, 2023 · Billionaire and telecoms tycoon Xavier Niel has invested around €200m ($212m) into a French AI research lab and start-ups. In an interview with Agence France-Presse (AFP), Niel stated the importance of creating French AI software.

9. origin.www.bloomberg.com › news › articlesBillionaire Xavier Niel Invests €200 Million in French AI Push

   origin.www.bloomberg.com › news › articles

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   Sep 26, 2023 · Billionaire Xavier Niel is investing €200 million ($212 million) in artificial intelligence, split between a future research lab to be located in Paris, cloud supercomputing capabilities...