For a man who’s spent his career battling to make France more pro-business, Europe’s prospects on artificial intelligence are worrying: an oversight that could cost the bloc dearly.

France will announce private sector investments totalling some 109 billion euros ($112.5 billion) in its artificial intelligence sector during the Paris AI summit which opens on Monday, President Emmanuel Macron said.

All eyes were on French President Emmanuel Macron Sunday at the end of the first day of the Artificial Intelligence Action Summit in Paris after he

Macron announced the mammoth investment sum ahead of France's AI Action Summit, where world leaders and tech bosses are gathering in Paris this week.

French President Emmanuel Macron unveiled a $112 billion investment package from the private sector to boost the AI ecosystem in France and Europe.

French President Emmanuel Macron on Monday announced investment pledges to bolster France's artificial intelligence sector totalling 109 billion euros ($112 billion)over the coming years. The financing,