Marius Swart’s Post

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Venture Capitalist @ Pace Ventures | Angel Investor, WEF Executive Working Group Member

Time to step up Germany 🇩🇪 🇫🇷 Corporations have pledged to invest €15bn in France at the “Choose France” summit — an annual event held since 2018 to facilitate foreign investments in the country. A large chunk of the money will be dedicated to AI. Microsoft stole the show after announcing its largest investment in France to date, a €4bn cash envelope to build more data centres — and expand existing ones — across the country by the end of 2025. The focus is on increasing the capacity of GPUs, which are needed to run large AI models. Amazon also announced that it’ll invest €1.2bn to further develop its French cloud and AI infrastructure. Quantum computing was also on the agenda. IBM pledged to invest €45m to expand the company’s research efforts in France. Up to 50 quantum researchers and engineers will be recruited in the country in the next year.

Cuong To

Entrepreneur | ML | Biology

6mo

I would add a few things on the practical side (1) European/German academics need to be more open to working with startup, (2) digital payment -> digital receipts -> save so much time in accounting, (3) easy&fast visa approval for tech talents, (4) housing should be improved; finding a place to live here in Germany for foreigners is extremely hard.

Zakaria Jaiathe

2x Tech Founder | ex-SAP (CTO Office) | ex-VC

6mo

A decade ago, I moved from France to Germany, but maybe I should move back to France ^^

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