French consortium to bid for EU’s AI datacentre fund

(Fixes incorrectly spelled name from Guillochet to Gaillochet in paragraph 4) By Forrest Crellin and Leo Marchandon PARIS, May 20 (Reuters) – The โ€ŒAION consortium, which groups some of France’s biggest tech and โ€Œinfrastructure companies, will seek EU funding for an expected โ‚ฌ10 billion ($11.60 billion) data centre it โ€‹plans to build in France. To…


French consortium to bid for EU’s AI datacentre fund

(Fixes incorrectly spelled name from Guillochet to Gaillochet in paragraph 4)

By Forrest Crellin and Leo Marchandon

PARIS, May 20 (Reuters) – The โ€ŒAION consortium, which groups some of France’s biggest tech and โ€Œinfrastructure companies, will seek EU funding for an expected โ‚ฌ10 billion ($11.60 billion) data centre it โ€‹plans to build in France.

To try to close the gap between Europe and the United States and China, which have invested heavily in high-capacity data centres, the European Union’s executive in December launched a โ‚ฌ20 billion fund โ€Œto boost investment in โ AI infrastructure.

The AION consortium, formed last year to respond to EU efforts to become more internationally competitive on โ AI, comprises tech companies Artefact, Bull and Capgemini, telecoms Orange and Iliad including its data centre arm Scaleway, private equity firm Ardian, and French utility โ€‹EDF.

Ardian’s โ€‹head of infrastructure investment Benoรฎt Gaillochet โ€‹said the French project alone โ€Œcould cost the equivalent of half of the EU’s new fund.

He said he expected funding from a combination of private investors, including Ardian, and bank lending, as well as EU fund money.

Iliad said it was ready to deploy โ‚ฌ4 billion, notably through its datacentre arm Scaleway.

Scaleway CEO โ€ŒDamien Lucas said the ultimate aim was โ€‹for the data centre to have a โ€‹gigawatt of capacity, effectively doubling โ€‹France’s computing capacity, and that the initial phase โ€Œwould probably be around 100 megawatts.

EDF โ€‹said last year โ€‹that it was opening calls for tenders for several of its old industrial sites with direct grid connections so data centre operators โ€‹can speed up โ€Œthe time needed to get linked up to power supplies.

($1 = โ€‹0.8623 euros)

(Reporting by Forrest Crellin in Paris and Leo Marchandon โ€‹in Gdansk; Editing by Matt Scuffham)

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