Iliad announces future investment of 2.5 billion euros in data centers

Iliad announces future investment of 2.5 billion euros in data centers
Iliad announces future investment of 2.5 billion euros in data centers

A significant investment in data centers in Europe is planned for Free’s parent company, to meet new needs linked to artificial intelligence.

Alongside the announcement of its quarterly results, Iliad announced its intention to invest 2.5 billion euros in its data center activity over the next ten years. “ History is accelerating in artificial intelligence. If France and Europe want to be a major player in this technology, European companies will be needed. » says Thomas Reynaud, general manager of the parent company of Free aux Echos.

Although this activity is already established within the group, with more than 150 external clients, Iliad will however have to face significant competition, particularly from Amazon, Google and even Microsoft which has just invested nearly 4 billion euros. in data centers in France. So, if the project wants Iliad to remain “’reference shareholder and the industrial operator, we do not refrain from associating with funds as we were able to do for fiber” explains the CEO. The group has already invested several hundred million in AI with a supercomputer and the Kyutai laboratory.

Thus, Iliad’s Opcore subsidiary, which deals with the colocation of spaces in which IT equipment is installed, will be able to launch the construction of new data centers, positioning itself throughout Europe although a large part of the The resources deployed are focused on France. For the moment, the branch operates 15 data centers, located in Paris, Marseille and Poland. In the first quarter, the group as a whole recorded 11.2% growth, a rare level in telecoms, bringing turnover at the start of the year to 2.43 billion euros.

This article was reprinted on the Univers FreeBox website

-

-

PREV what the crazy names of his children reveal
NEXT Climate impact: the role of avoided emissions intensity in energy production