May 23, 2025 | Posted by Abdul-Rahman Oladimeji
French national investment bank Bpifrance, UAE investment fund MGX, French AI firm Mistral AI, and Nvidia this week announced the formation of a joint venture to establish what they claim will be Europe’s largest AI campus in France.
The companies said they aim to develop Europe’s first purpose-built intelligence hub; supporting the full AI lifecycle from model training and inference to deployment of generative and applied AI systems. The open platform will reportedly include exascale-class computing, sovereign cloud integration, and low-carbon hyperscale data centers optimized for AI.
Nicolas Dufourcq, CEO of Bpifrance, said: “Bpifrance is proud to co-found this transformative European AI campus with MGX. This initiative highlights France’s scientific excellence, capacity to deliver cutting-edge infrastructure, and its attractiveness to top talent. The campus strengthens our technological sovereignty and reinforces France’s position as a global AI leader.”
Ahmed Yahia, managing director and CEO of MGX, added: “France has the ambition and capability to lead in this new AI era. At MGX, we see AI as the most transformative force of our time, and believe open, enduring infrastructure is key to unlocking its broad societal impact. The France AI Campus will accelerate breakthroughs across science, education, public services, and business, fueling Europe’s next wave of innovation.”
