SoftBank Group has announced plans to invest up to €75 billion to build 5 gigawatts of AI data center capacity in France, with the first €45 billion phase delivering 3.1 gigawatts by 2031. The project relies on France's nuclear-powered grid, which provides abundant, low-carbon electricity, a key advantage as AI's energy demand outpaces grid expansion in many regions. State-owned utility EDF is partnering on the buildout, including reusing a former power plant site for its existing grid connections. This investment underscores how access to stable, low-carbon power is becoming the primary constraint for AI infrastructure, rather than chips or capital. France's nuclear surplus allows it to absorb the new demand without straining local grids or raising residential electricity costs, unlike regions with fossil-dependent grids. The project signals Europe's intent to compete for AI infrastructure, with energy policy as a decisive factor.
