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POWER: France Pledges 1GW Nuclear Power to AI Project

POWER
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 France has pledged 1GW of nuclear power to a new AI computing project, with the initiative aiming to deploy 250MW by 2026 and expand to 10GW by 2030, the French government said, cited by WSJ.

  • The nuclear-powered AI cluster, led by FluidStack, plans to connect 250MW of power to AI chips by late 2026.
  • FluidStack aims to begin construction in 3Q25 but must secure financing and AI chips to move forward.
  • The company plans to house around 120,000 Nvidia AI chips initially, expanding to 500,000 by 2028, and potentially scaling to 10GW by 2030.
  • FluidStack intends to finance the project through €10bn in loans and new AI-chip-backed financing models.
  • Nvidia has assured FluidStack that necessary chips will be available, though supply remains tight due to high global demand.
  • France, with its 57 reactors, already produces more electricity than it consumes, positioning itself as a key AI hub in Europe.
  • Additionally, A separate AI investment agreement between France and the UAE also targets a 1GW AI campus in France.
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 France has pledged 1GW of nuclear power to a new AI computing project, with the initiative aiming to deploy 250MW by 2026 and expand to 10GW by 2030, the French government said, cited by WSJ.

  • The nuclear-powered AI cluster, led by FluidStack, plans to connect 250MW of power to AI chips by late 2026.
  • FluidStack aims to begin construction in 3Q25 but must secure financing and AI chips to move forward.
  • The company plans to house around 120,000 Nvidia AI chips initially, expanding to 500,000 by 2028, and potentially scaling to 10GW by 2030.
  • FluidStack intends to finance the project through €10bn in loans and new AI-chip-backed financing models.
  • Nvidia has assured FluidStack that necessary chips will be available, though supply remains tight due to high global demand.
  • France, with its 57 reactors, already produces more electricity than it consumes, positioning itself as a key AI hub in Europe.
  • Additionally, A separate AI investment agreement between France and the UAE also targets a 1GW AI campus in France.