SoftBank Group, founded in 1981 by Masayoshi Son, is a leading global investor in telecommunications, technology, and artificial intelligence (AI). The company is particularly active in the United States and Japan, where it has significant stakes, including an 11% ownership of OpenAI. Additionally, SoftBank has maintained a strong presence in Europe for over 15 years, with nearly €50 billion in investments across the region.
Significant AI Infrastructure Investment in France
This month, SoftBank announced plans for a monumental investment aimed at transforming France into a hub for AI infrastructure. The initiative will see the establishment of data centers in Bouc-Bel-Air and Dunkirk, expected to become operational by 2028 and 2031, respectively. The announcement will be made during the Choose France summit.
Investment Details
- Total investment: €75 billion
- Investment by 2031: €45 billion
- Data center capacity goal: over 5 gigawatts
This capacity target is projected to be three times greater than France’s current capabilities. SoftBank’s investment is part of a strategic partnership with Schneider Electric, highlighting a commitment to bolster France’s AI manufacturing and computational power.
Background and Strategic Decisions
Masayoshi Son, in discussions with French President Emmanuel Macron, expressed that the French leader was persuasive in showcasing the country’s potential. Although SoftBank’s previous investments were largely focused on the United States and Asia, Son indicated a growing interest in Europe, particularly after his April meeting with Macron.
SoftBank’s Vision Fund, operational in the European Union since 2017, currently manages between 35 and 40 companies. This includes notable firms like the autonomous driving startup Wayve, fintech company Revolut, ABB Robotics, and the online marketplace Vestiaire Collective. The planned investment in France marks a pivotal moment for SoftBank’s strategy in Europe, setting a precedent for future growth in the region.
