SoftBank says it will invest up to €75 billion to build French data centers
The global demand for data center infrastructure has surged in recent years, driven by the exponential growth of artificial intelligence, cloud computing, and big data. As nations race to secure their positions in the AI-driven economy, France has emerged as a strategic hub for investment, offering a blend of skilled labor, political support, and energy infrastructure. Now, SoftBank Group has announced a bold new plan to invest up to €75 billion in data center construction across France, signaling a major shift in how Europe approaches AI infrastructure.
A Strategic Bet on France’s AI Ambitions
SoftBank’s investment comes at a pivotal moment for France’s technological landscape. The French government has long positioned itself as a key player in the AI value chain, aiming to reduce reliance on foreign infrastructure and ensure data sovereignty. President Emmanuel Macron’s administration has actively courted foreign investment, offering incentives and streamlined regulatory frameworks to attract tech giants. With SoftBank’s commitment, France is now on track to become a major global center for AI training and processing, with 5 gigawatts of new data center capacity planned by 2031.
The first phase of the project will focus on three key regions: Dunkirk (Loon-Plage), Bosquel, and Bouchain, all located in the Hauts-de-France region. These sites are chosen for their proximity to renewable energy sources, high-speed connectivity, and existing industrial infrastructure. The 3.1 gigawatts of capacity expected from this initial rollout could support everything from AI research to large-scale data processing, potentially rivaling existing hubs in the U.S. and Asia.
Navigating the Global Data Center Landscape
SoftBank’s move underscores a broader trend: the race for AI-ready infrastructure is intensifying. While the U.S. has seen rising public resistance to new data center projects due to concerns over energy use and local grid strain, France has embraced a more proactive stance. The firm’s earlier announcement of a data center in Ohio, powered by a 9.2 gigawatt natural gas plant, highlights its willingness to use traditional energy sources in different regions, but in France, the focus appears to be on sustainable and scalable power solutions.
France’s energy mix includes a growing share of renewables, which could make these data centers more environmentally acceptable. The government has been working on policies to ensure that AI development is both economically beneficial and socially responsible. SoftBank’s involvement also highlights its dual role as both an investor and a consumer of AI technology, particularly through its stake in OpenAI.
This investment could reshape the balance of power in the global AI ecosystem. By building out a robust infrastructure base, France may not only attract more AI-driven enterprises but also become a more attractive alternative to the U.S. and China for companies seeking to localize their operations.
A New Era of Data Infrastructure in Europe
SoftBank’s €75 billion commitment is not just a financial statement—it is a declaration of intent. It signals that Europe, and France in particular, is no longer just a passive participant in the AI arms race but an active contender. With this level of investment, the country could see a surge in AI startups, increased research output, and a stronger presence in the global tech market.
The scale of the investment also brings questions about how such massive infrastructure projects will be managed, funded, and integrated into the national grid. But for now, the message is clear: France is positioning itself as a leader in AI infrastructure, and SoftBank is betting its future on that vision.