At the AI Action Summit in Paris, Europe is trying to show that it too is investing heavily in artificial intelligence. President Emmanuel Macron announced a total of €109 billion in private investment in AI in France over the coming years. The investments include €20 billion from the Canadian investment company Brookfield and potential financing from the United Arab Emirates of up to €50 billion. With his usual self-confidence, Macron presented this as the „equivalent“ of Trump’s Stargate project (with a volume of UDS500 billion).