French public investment bank says it will pump €10 billion into AI by 2029
- Posted on February 7, 2025
- By Le Monde
- 3 Views
![](https://img.lemde.fr/2025/02/06/0/0/7488/3744/1440/720/60/0/ba86ca4_ftp-import-images-1-afwsgsbidpyq-5957896-01-06.jpg)
French public investment bank says it will pump €10 billion into AI by 2029
![](https://img.lemde.fr/2025/02/06/0/0/7488/3744/1440/720/60/0/ba86ca4_ftp-import-images-1-afwsgsbidpyq-5957896-01-06.jpg)
Bpifrance said in a statement that it will invest directly into startups developing AI models, related infrastructure and hardware such as chips, as well as into funds backing the sector and advising the companies it chooses for cash infusions.