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France Leverages Nuclear Power to Boost AI Ambitions

by Team Lumida
February 10, 2025
in AI
Reading Time: 3 mins read
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AI’s Power Play: How Nuclear Energy Fuels Data Centers

"Nuclear Energy" by theglobalpanorama is licensed under CC BY-SA 2.0

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Key Takeaways:

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  • France plans to dedicate a gigawatt of nuclear power to create one of the world’s largest AI computing facilities.
  • The initiative, led by FluidStack, aims to rival the U.S.-based Stargate project and position France as a key player in the global AI race.
  • The project is part of a$113 billion investment wave announced by President Emmanuel Macron to expand France’s AI capabilities.
  • Brookfield Asset Management and Middle Eastern investors are also committing billions to AI infrastructure in France.

What Happened?
France is making a significant move in the global AI race by leveraging its strength in nuclear power. The French government has announced plans to dedicate a gigawatt of nuclear power to a new AI computing facility, which is expected to cost tens of billions of dollars. The project, spearheaded by FluidStack, aims to have 250 megawatts of power connected to AI-computing chips by the end of 2026, with plans to expand to 1 gigawatt by 2030. This initiative is part of a broader$113 billion investment wave in AI announced by President Emmanuel Macron at an AI summit in Paris.

Why It Matters?
France’s decision to use nuclear power for AI computing reflects its strategic push to become a major player in the global AI race. The move capitalizes on France’s abundance of low-carbon nuclear energy, which provides a competitive edge in powering the energy-intensive AI infrastructure. The initiative could shift the balance of AI development, currently dominated by U.S. companies like OpenAI and Nvidia, and position Europe as a significant contributor to AI innovation. Additionally, the project underscores the growing importance of energy availability in determining the location and scale of AI computing facilities.

What’s Next?
The success of France’s nuclear-powered AI facility will depend on securing sufficient funding and access to advanced AI chips, such as those produced by Nvidia. FluidStack plans to finance the project through a combination of its own capital, loans, and partnerships with AI developers. The company also aims to house up to 500,000 Nvidia chips by 2028, with potential for further expansion to 10 gigawatts by 2030. Meanwhile, Brookfield Asset Management and Middle Eastern investors are committing billions to AI infrastructure in France, further solidifying the country’s position in the global AI landscape.

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Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

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