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France and India court tech CEOs to boost AI data centers and chip investments amid global AI race.

Market News
04 Jul 2026
CNBC
View Source
Bullish
pluang ai news

French President Emmanuel Macron and Indian Prime Minister Narendra Modi are actively courting major tech CEOs to secure investments in AI data centers, cloud infrastructure, and semiconductor development. Macron successfully persuaded SoftBank to invest billions in AI data centers in France, while Modi secured commitments from Amazon, Microsoft, Google, and Intel to invest heavily in India's AI ecosystem. Both leaders are leveraging personal relationships and government incentives to catch up in the global AI race dominated by the U.S. and China. These efforts aim to build local AI infrastructure and reduce reliance on foreign technology, positioning France and India as emerging players in AI innovation.

More News (AMZN)

Amazon plans to expand Prime Air drone delivery to 500 U.S. cities by 2026 amid strong competition.

Amazon plans to expand Prime Air drone delivery to 500 U.S. cities by 2026 amid strong competition.

Amazon announced plans to expand its Prime Air drone delivery service to nearly 500 U.S. cities by the end of 2026, aiming to fulfill Jeff Bezos' decade-old vision of fast, autonomous package delivery. Despite making hundreds of thousands of deliveri...

Market News
Bullish
5 hours ago
Amazon plans to expand drone delivery to 500 US cities, offering packages in 30 minutes.

Amazon plans to expand drone delivery to 500 US cities, offering packages in 30 minutes.

Amazon announced it will expand its drone delivery service to nearly 500 suburban cities across the US by the end of the year, aiming to deliver lightweight packages (up to 5 pounds) within 30 minutes. This expansion intensifies competition with Walm...

Market News
Bullish
20 hours ago
Vanguard Growth ETF's low fee masks high risk from heavy concentration in just 10 stocks.

Vanguard Growth ETF's low fee masks high risk from heavy concentration in just 10 stocks.

The Vanguard Growth ETF (VUG) charges a very low fee of 0.03%, costing about $3 annually on a $10,000 investment. However, the real risk lies in its heavy concentration, with over 65% of the fund invested in just ten large-cap stocks like NVIDIA, App...

Market News
Neutral
20 hours ago
IBM advances quantum computing; Target beats Q2 expectations; Treasury doubles bond buybacks; Amazon expands drone delivery.

IBM advances quantum computing; Target beats Q2 expectations; Treasury doubles bond buybacks; Amazon expands drone delivery.

IBM achieved a key milestone by linking and cooling two cryogenic modules, moving closer to a fault-tolerant quantum computer with plans for 1,000 qubits next year. Target reported strong Q2 results, surpassing earnings and sales expectations despite...

Market News
Bullish
1 day ago
Micromobility startup Also raises $150M to expand into autonomous delivery vehicles.

Micromobility startup Also raises $150M to expand into autonomous delivery vehicles.

Also, a micromobility startup spun out of Rivian, has raised an additional $150 million in a Series D funding round led by Prysm Capital. The company plans to use the new capital to accelerate development of its autonomous driving technology and expa...

Company Fundamentals
Bullish
1 day ago
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