French Billionaire Invests 200 Million Euros in AI to Compete with OpenAI
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Translated data:
The French telecom billionaire Xavier Niel recently announced a 200 million euro investment in the development of artificial intelligence. The funds will primarily be used to establish an AI research lab in Paris, leverage NVIDIA's hardware to provide cloud-based supercomputing capabilities, and support startups. Niel stated that the goal of this initiative is to attract top French AI engineers back to the country to compete with companies like OpenAI. He believes that the AI market requires robust computational power, necessitating substantial investment. This move is also a crucial step for France to gain a leading position in the field of artificial intelligence.
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