French private equity firm Ardian partners with data center group Verne to build an up to €5B AI "gigafactory" outside Paris, targeting 500MW in total capacity (Financial Times)

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Ardian and Verne plan an up to €5B AI data center and research facility near Paris with 500MW target capacity.

Categories: Money & Moves

Excerpt

<a href="https://www.ft.com/content/6756ca48-212a-40f6-bf8f-c07d21bd856c"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260601/i30.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260601/p30#a260601p30" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/6756ca48-212a-40f6-bf8f-c07d21bd856c">French private equity firm Ardian partners with data center group Verne to build an up to &euro;5B AI &ldquo;gigafactory&rdquo; outside Paris, targeting 500MW in total capacity</a></b></span>&nbsp; &mdash;&nbsp; Data centre and research facility to be built as Europe seeks to create &lsquo;digital backbone for the future&rsquo;</p>

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