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Billionaire Xavier Niel Invests €200 Million in French AI Push

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Sept. 26, 2023, 6 a.m. | Benoit Berthelot

Bloomberg Technology bloomberg.com

Billionaire Xavier Niel is investing €200 million ($212 million) in artificial intelligence, split between a future research lab to be located in Paris, cloud supercomputing capabilities powered by Nvidia Corp. hardware, and funding for startups.

artificial artificial intelligence billionaire capabilities cloud french funding future hardware intelligence investing lab nvidia paris research startups supercomputing

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