French President Emmanuel Macron announced at the opening ceremony of the "Vive la Tech" science and technology innovation exhibition held in Paris on the 14th that he would invest an additional more than 500 million euros in the development of artificial intelligence and build a world-class industrial cluster.
Macron pointed out at a roundtable meeting with start-up leaders that in the face of the new industrial revolution, France must build 5 to 10 artificial intelligence industry clusters and create world-leading top companies, and plans to invest more than 500 million euros for this purpose. He also said that the government will invest 50 million euros to upgrade the existing Jean-Zay supercomputer project. He hopes that France will vigorously develop generative artificial intelligence and open source large language models, and encourage the establishment of a French database.
Macron introduced that a fund called "Tibi 2" invested by 28 institutional investors will be used to finance start-ups. The fund has currently raised up to 7 billion euros, with the ultimate goal of 10 billion euros. He also said that 125 technological innovation companies have received funding from the "France 2030" investment plan. (Xinhua News Agency)
