For a man who’s spent his career battling to make France more pro-business, Europe’s prospects on artificial intelligence are worrying: an oversight that could cost the bloc dearly.

President Emmanuel Macron said on Sunday that France will announce investments amounting to 109 billion euros ($112.5 billion) in artificial intelligence over the coming years during the Paris AI summit opening Monday.

The money includes intentions by Canadian investment giant Brookfield to spend 20 billion euros in AI projects in France, as well as financing from the United Arab Emirates that might total 50 billion euros in the coming years,

French President Emmanuel Macron trumpeted the benefits of artificial intelligence Sunday, ahead of a two-day Paris summit on the technology and its potential benefits and pitfalls.Co-hosted

Investors will pump 109 billion euros into artificial intelligence (AI) projects in France in the coming years, President Emmanuel Macron said Sunday ahead of a two-day global summit on the technology in Paris.

PARIS - French President Emmanuel Macron announced on Sunday night that France is set to receive a total investment of 109 billion euros (113 billion US dollars) in artificial intelligence (AI) in the coming years.

France will announce private sector investments totalling some 109 billion euros ($112.5 billion) in its artificial intelligence sector during the Paris AI summit which opens on Monday, President Emmanuel Macron said.

France will see €109 billion ($113 billion) invested in AI projects, President Emmanuel Macron announced Sunday, calling it a game-changer ahead of a global AI summit in Paris. To promote the event, he posted AI-generated fake videos of himself in various roles,