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"MGX" Its strategic partners are expanding the artificial intelligence complex "Campus AI" In France through a second project site

ABU DHABI, 1st June, 2017 (WAM): MGX, BP France, and Mistral announced plans to expand the Campus AI project in France, with the aim of developing computing capabilities of up to 3 gigawatts in France.

The anticipated selection of a second site for the project doubles the initial investment of the Alliance and its partners and represents the next natural step in the development of a leading European network of AI factories, expanding the scope of the program beyond the main complex in Fogo in the Saine-et-Marne department.

Campus AI is a joint project between BB France, the French public investment bank, Mistral, the leading European company in the field of generative artificial intelligence, and MGX, the global investment company specializing in artificial intelligence and advanced technologies, along with NVIDIA, the global leader in accelerated computing.

This expansion contributes to strengthening France’s position as the first European destination for large-scale, low-carbon artificial intelligence factories, and also contributes to meeting the growing European demand for responsible and sustainable artificial intelligence solutions.

As Campus AI expands across France, the project will continue to support the growth of Mistral, its main shareholder and one of France’s most prominent AI leaders, by providing access to large-scale computing capabilities across various locations.

The expansion was announced during the “Choose France” summit, in the presence of His Excellency Emmanuel Macron, President of the Republic of France, and His Excellency Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority and Secretary-General of the Council for Artificial Intelligence and Advanced Technology, in confirmation of the strategic importance of the “Campus AI” project for both France and the United Arab Emirates.

The expansion is expected to contribute to creating thousands of job opportunities throughout France, and is being developed in close cooperation with major French industrial companies in the sectors of energy, batteries, semiconductors, electronics and other vital technologies.

By unifying the various links of the French industrial value chain, the Campus AI aims to support France’s technological sovereignty and accelerate the construction of a competitive European artificial intelligence ecosystem.

This expansion follows the rapid progress of the flagship complex in Fogo, where local officials and community leaders have collaborated with the project team to attract investment and create jobs in the Seine-et-Marne department.

The project model is based on the highest standards of environmental performance, taking advantage of the French low-carbon electricity network, and combines water-free cooling systems with a highly energy-efficient design, ensuring the sustainable expansion of artificial intelligence computing capabilities.

The selection of the second site will follow the same approach based on close coordination with local authorities, commitment to high environmental standards, and the development of an industrial model that supports European AI pioneers and strengthens France’s position as a major center for a sustainable future for artificial intelligence in Europe.

Thibaut Devossier, President of the Campus AI, said: “France has the energy, talent, and research base that qualifies it to lead Europe in the field of artificial intelligence. The question today is how France will benefit from every gigawatt that it develops. The expansion of the Campus AI to 3 gigawatts comes to provide the answer through an open platform developed in cooperation with our industrial and regional partners in France, thus strengthening the position of French suppliers within the value chain and giving intelligence leaders The French artificial intelligence has created an operational scope that was not available to them before. This is the partnership that France and the UAE sought to build, and the criterion for success for us is clear: that every gigawatt contributes to creating added value within France, and not just passes through it.

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