SoftBank commits $87bn to French AI data centre network
The investment was unveiled at the Choose France summit hosted by French President Emmanuel Macron.
04 June 2026
04 June 2026
The investment was unveiled at the Choose France summit hosted by French President Emmanuel Macron.
The report projects $3.4tn in global energy investment in 2026, with more going into grids, storage, nuclear and renewables, while oil spending falls for a third straight year.
The programme centres on constructing at least five gigafactories, each capable of housing around 100,000 advanced chips and delivering one gigawatt of power capacity.
The regulations create a unified framework governing outbound investments, security assessments and compliance requirements for Chinese companies, organisations and individual residents investing abroad.
Assembly could start in the 2027 financial year, according to the non-binding MoU.
The company will purchase the 162MW Mountain Peak Power and 156MW Canyon Peak Power plants.
The stoppage at Camino Rojo in Mexico followed talks on a productivity bonus and PTU profit-sharing entitlement.
Originally unveiled in June last year, the transaction will result in Suzano acquiring a controlling 51% interest in Kimberly-Clark’s international tissue operations.
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