French telecom group invests millions in local AI industry By Cointelegraph
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The French telecommunications group Iliad announced on Sept. 26 that it plans to invest millions of euros to build up the French artificial intelligence (AI) industry.
Iliad said it has already invested 100 million euros ($106 million) toward creating what it calls an “excellence lab” to be built in Paris dedicated to AI research. According to the announcement, a team of renowned researchers has already been set up, and Iliad chairman Xavier Niel will spearhead it.
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The French telecommunications group Iliad announced on Sept. 26 that it plans to invest millions of euros to build up the French artificial intelligence (AI) industry.
Iliad said it has already invested 100 million euros ($106 million) toward creating what it calls an “excellence lab” to be built in Paris dedicated to AI research. According to the announcement, a team of renowned researchers has already been set up, and Iliad chairman Xavier Niel will spearhead it.
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