G42 Enhances AI Footprint in France with Strategic Investment

Deal News | Feb 10, 2025 | Zawya

G42 Enhances AI Footprint in France with Strategic Investment

G42, an AI technology titan from Abu Dhabi, has unveiled a pivotal strategic investment in France, partnering with DataOne. Spearheaded by Core42, a G42 subsidiary focused on AI infrastructure, the initiative involves establishing a cutting-edge AI data center in Grenoble, equipped with AMD's advanced GPU technology. This center aims to enhance computational capabilities for French enterprises and researchers. According to announcements made at the AI Action Summit in Paris, the facility is planned to be fully operational by mid-2025. This move aligns with G42's strategy to boost AI infrastructure across Europe, thus reinforcing the position of France as a hub for AI excellence while promoting European technological sovereignty. Core42's venture will facilitate seamless access to AI infrastructures, essential for e-industry digital transformations. AMD Chair and CEO Lisa Su highlighted the strategic collaboration's role in energizing the French AI ecosystem. Charles-Antoine Beyney of DataOne expressed enthusiasm for the partnership, emphasizing the engineering prowess behind deploying one of Europe's largest AI supercomputers. Overall, G42 aims to shape AI’s future globally through innovative partnerships and advanced infrastructures, supported by AMD's renowned venture program that empowers French startups in AI innovation.

Sectors

  • Artificial Intelligence
  • Data Centers
  • Semiconductors

Geography

  • France – Location of the new AI data center and key area of investment.
  • United Arab Emirates – Home of G42, the company making the investment.

Industry

  • Artificial Intelligence – Central to the article as G42 is investing in AI infrastructure.
  • Data Centers – DataOne is providing AI hosting infrastructure in France.
  • Semiconductors – AMD is providing GPUs for the AI data center.

Financials

    Participants

    NameRoleTypeDescription
    G42InvestorCompanyLeading AI technology group from Abu Dhabi.
    Core42AI Infrastructure DeveloperCompanyA G42 company specializing in AI infrastructure.
    AMDTechnology ProviderCompanyProviding GPUs for the AI data center.
    DataOneInfrastructure PartnerCompanyEurope's first giga-scale AI hosting infrastructure data center.
    Kiril EvtimovCommentatorPersonGroup CTO of G42 and CEO of Core42.
    Lisa SuCommentatorPersonChair and CEO of AMD.
    Charles-Antoine BeyneyCommentatorPersonCEO of DataOne.