3 items across 2 digests
SoftBank plans to invest up to €75 billion to build up to 5GW of data center capacity in France, partnering with Schneider Electric at the Port of Dunkirk. This massive infrastructure investment could significantly increase European data processing capacity and reduce reliance on US-based cloud services.
SoftBank announced plans to invest up to €75 billion to develop and operate up to 5 gigawatts of additional data center capacity in France. This represents one of the largest single data center investments in European history and could reshape the region's cloud infrastructure landscape.
France repatriated its remaining gold reserves from the US, generating a $15 billion gain while maintaining total reserves at 2,437 tonnes. This move reflects growing central bank preference for domestic gold storage and signals potential shifts in international monetary relationships.