NBIS to invest over $9B in French AI cloud, Shay Boloor adds

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01.06.2026

NBIS to invest over $9B in French AI cloud, Shay Boloor adds — NBIS selects France for $9B AI project

Shay Boloor reports that NBIS has chosen France as the location for a new artificial intelligence cloud infrastructure project. The planned investment is expected to exceed $9 billion and will target 240 megawatts of capacity, making it one of the largest AI infrastructure deployments in Europe, according to French President Emmanuel Macron.

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Earlier this year, Shay Boloor reported on IREN’s share price climbing above $65 after boosted ARR guidance and a $1.6 billion agreement with Dell for AI systems in Texas. Boloor also covered U.S. action to close an export loophole for NVDA and AMD AI chips to Chinese subsidiaries. The recent moves highlight sustained interest in large-scale AI infrastructure and regulatory shifts in the sector.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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