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BIZARRE: French businessman announces mega investment in artificial intelligence - You Need To See This

Xavier Niel Artificial Intelligence Iliad European Union Europe

Xavier Niel in the Station F start-up hub in Paris. Reuters

French businessman Xavier Niel, owner of the Iliad technology group, on Tuesday announced strategic investments designed to create a "European champion" of artificial intelligence (AI).

Estimated at €200 million, the investment would go towards the purchase of a supercomputer and the creation of a dedicated research laboratory, Niel told French news agency AFP on Tuesday.

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