Canada’s Brookfield to pour €20 billon into French AI infrastructure

Canadian fund Brookfield will invest 20 billion euros ($21 billion) by 2030 to help build data centres crucial to artificial intelligence development in France, a source close to the deal told AFP on Saturday.Confirming reports in the La Tribune Dimanche newspaper, the announcement comes as Paris prepares to play host to a global summit of political and tech industry leaders on the technology on Monday and Tuesday.

With the world hurrying to stay abreast of the AI race dominated by the United States and China, countries are competing to build the…