{"id":1068201,"date":"2026-07-04T15:00:27","date_gmt":"2026-07-04T15:00:27","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1068201\/"},"modified":"2026-07-04T15:00:27","modified_gmt":"2026-07-04T15:00:27","slug":"from-macron-to-modi-governments-are-rolling-out-the-red-carpet-for-ai-giants","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1068201\/","title":{"rendered":"From Macron to Modi, governments are rolling out the red carpet for AI giants"},"content":{"rendered":"<p>Countries are scrambling not to fall behind in AI \u2014 and French President Emmanuel Macron and Indian Prime Minister Narendra Modi are leading a personal charm offensives to court tech CEOs.<\/p>\n<p>The pair have ramped up moves to court leaders of the world&#8217;s biggest tech companies this year, as they look to secure investment and major AI infrastructure projects.<\/p>\n<p>They stand out among the countries scrambling to develop the data centers and ecosystems needed to power the tech, for their use of personal relationships.<\/p>\n<p>The French President hosted AI bosses at the G7 summit in June, and personally convinced <a href=\"https:\/\/www.cnbc.com\/quotes\/9984.T-JP\/\" rel=\"nofollow noopener\" target=\"_blank\">SoftBank<\/a> boss Masayoshi Son to invest tens of billions of dollars into AI data centers in the country. <\/p>\n<p>Modi met with <a href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\/\" rel=\"nofollow noopener\" target=\"_blank\">Amazon&#8217;s<\/a> CEO Andy Jassy last Thursday, and welcomed the U.S. tech giant&#8217;s &#8220;<a href=\"https:\/\/x.com\/narendramodi\/status\/2070067064069624186?s=20\" target=\"_blank\" rel=\"nofollow\">record $48 billion investment<\/a>&#8221; in the country, of which <a href=\"https:\/\/x.com\/ajassy\/status\/2070056379675754958?s=20\" target=\"_blank\" rel=\"nofollow\">$21 billion will be for AI and cloud infrastructure<\/a>.<\/p>\n<p><a href=\"https:\/\/x.com\/narendramodi\/status\/1998386413885386847\" target=\"_blank\" rel=\"nofollow\">Modi last year met<\/a> <a href=\"https:\/\/x.com\/narendramodi\/status\/1998386413885386847\" target=\"_blank\" rel=\"nofollow\">Microsoft<\/a> chair and CEO Satya Nadella, <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\" rel=\"nofollow noopener\" target=\"_blank\">Google<\/a> <a href=\"https:\/\/x.com\/sundarpichai\/status\/1977992591275675969?s=20\" target=\"_blank\" rel=\"nofollow\">CEO Sundar Pichai<\/a> and <a href=\"https:\/\/x.com\/narendramodi\/status\/1998407472386805976?s=20\" target=\"_blank\" rel=\"nofollow\">Intel&#8217;s CEO<\/a> Lip-Bu Tan, with all of them committing to help develop India&#8217;s AI ecosystem.<\/p>\n<p><a id=\"headline0\"\/>Macron hosts AI leaders<\/p>\n<p>In May, SoftBank announced plans to build 3.1 GW of AI data centers in France by 2031, as part of a <a href=\"https:\/\/www.cnbc.com\/2026\/05\/31\/softbank-to-build-up-ai-data-centers-in-france-with-major-investment.html\" rel=\"nofollow noopener\" target=\"_blank\">75-billion-euro program<\/a> to roll out 5 GW of AI data center capacity.<\/p>\n<p>Macron requested a meeting with SoftBank&#8217;s Son to persuade him to commit to the project two months earlier, and the two exchanged texts as they hashed out the details, <a href=\"https:\/\/www.cnbc.com\/video\/2026\/06\/01\/watch-cnbcs-exclusive-interview-with-softbank-ceo-masayoshi-son.html\" rel=\"nofollow noopener\" target=\"_blank\">Son told CNBC in an interview.<\/a><\/p>\n<p>Macron touted France&#8217;s power capacity \u2014 the country gets a large amount of its electricity from nuclear \u2014 and committed to securing the SoftBank projects 3GW instead of 2GW, the number the French premier first suggested, he added.<\/p>\n<p>&#8220;His team, the government team is very supportive,&#8221; Son said. &#8220;His team and our team work in collaboration very well.&#8221;<\/p>\n<p>Around the same time, Macron <a href=\"https:\/\/www.cnbc.com\/2026\/06\/17\/g7-trump-ai-tech-leaders-openai-anthropic-google.html\" rel=\"nofollow noopener\" target=\"_blank\">approached tech bosses<\/a> to join a working lunch with world leaders, including U.S. President Donald Trump, at the G7 conference in June, which France was hosting.<\/p>\n<p>CEOs including OpenAI&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/sam-altman\/\" rel=\"nofollow noopener\" target=\"_blank\">Sam Altman<\/a>, Anthropic&#8217;s Dario Amodei, <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\/\" rel=\"nofollow noopener\" target=\"_blank\">Google<\/a> DeepMind&#8217;s Demis Hassabis all took part.<\/p>\n<p>Other tech chiefs including France-based Mistral CEO Arthur Mensch, Canada&#8217;s Cohere CEO Aidan Gomez, Italian company Domyn&#8217;s Uljan Sharka, U.K. AI scaleup Synthesia&#8217;s Victor Riparbelli and German-based Black Forest Labs&#8217; Robin Rombach were also there.<\/p>\n<p>India&#8217;s Prime Minister Narendra Modi (C) takes a group photo with AI company leaders including OpenAI CEO Sam Altman (2nd R), Anthropic CEO Dario Amodei (R), Google CEO Sundar Pichai (2nd L), and Meta Chief AI Officer Alexandr Wang (L), at the AI Impact Summit in New Delhi on February 19, 2026. <\/p>\n<p>Ludovic Marin | Afp | Getty Images<\/p>\n<p><a id=\"headline1\"\/>India <\/p>\n<p>Modi too hosted top U.S. tech leaders earlier this year at the Global AI summit in India, leading to <a href=\"https:\/\/www.cnbc.com\/2026\/02\/21\/india-ai-summit-tech-giants-billion-dollar-investments.html\" rel=\"nofollow noopener\" target=\"_blank\">commitments of hundreds of billions of dollars<\/a> into Indian AI efforts.<\/p>\n<p>&#8220;India does not see fear in AI. India sees fortune in AI. India sees the future in AI,&#8221; Modi said in his opening remarks at the summit in February, <a href=\"https:\/\/www.pmindia.gov.in\/en\/news_updates\/pms-address-at-india-ai-impact-summit-2026\/\" target=\"_blank\" rel=\"nofollow noopener\">urging global tech leaders<\/a> to &#8220;Design and Develop in India&#8221; to deliver to the world.<\/p>\n<p>Securing investments and partnerships for developing AI has been a top priority for Modi. India does not yet produce cutting-edge chips domestically, nor does it have a frontier-scale foundation model on a par with leading U.S. or Chinese models, so it is widely seen as a laggard in the AI race. <\/p>\n<p>The prime minister has been encouraging global tech firms to invest in developing AI infrastructure and chips in the country. <\/p>\n<p>Months before the summit, India secured <a href=\"https:\/\/www.cnbc.com\/quotes\/MSFT\/\" rel=\"nofollow noopener\" target=\"_blank\">Microsoft&#8217;s<\/a> largest investment in Asia to help build the sovereign capabilities needed for India&#8217;s AI-first future, while Google announced an investment of $15 billion in India to build the firm&#8217;s <a href=\"https:\/\/www.cnbc.com\/2025\/10\/14\/google-to-invest-10-billion-in-ai-data-center-project-in-india.html\" rel=\"nofollow noopener\" target=\"_blank\">largest AI hub in the world<\/a> outside of the U.S. To encourage hyperscalers to build AI data centers in India, Modi&#8217;s government has offered long\u2011term tax breaks to them. <\/p>\n<p>It is also encouraging local companies to develop semiconductors in the country. <\/p>\n<p>During Modi&#8217;s visit to the Netherlands in May, Dutch firm <a href=\"https:\/\/www.pmindia.gov.in\/en\/news_updates\/pm-witnesses-signing-of-agreement-between-asml-and-tata-electronics-for-semiconductor-manufacturing\/\" target=\"_blank\" rel=\"nofollow noopener\">ASML said it would supply advanced<\/a> lithography tools and solutions for the 300mm semiconductor fab being set up by Indian firm Tata Electronics. Intel&#8217;s Lip-Bu Tan, who met Modi last December, also signed up as a prospective buyer for chips made by Tata Electronics.<\/p>\n<p>India relies heavily on foreign AI models and computing hardware, which makes its AI ambitions vulnerable to export control directives of other countries.<\/p>\n<p>The recent global AI stocks rally <a href=\"https:\/\/www.cnbc.com\/2026\/06\/04\/why-taiwan-and-south-koreas-stock-markets-have-surged-past-india.html\" rel=\"nofollow noopener\" target=\"_blank\">has completely skipped India<\/a> due to the lack of any large-scale AI play, making Modi&#8217;s urgency to attract capital and technology evident and all the more important.<\/p>\n<p><a href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.cnbc.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Countries are scrambling not to fall behind in AI \u2014 and French President Emmanuel Macron and Indian Prime&hellip;\n","protected":false},"author":2,"featured_media":1033687,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3163],"tags":[323,124847,20955,233980,1942,15156,3083,3085,32,295,34,228638,36,730,24840,233644,15253,22817,20208,30389,159979,53,16,15,49],"class_list":["post-1068201","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-alphabet-class-a","tag-amazon-com-inc","tag-ark-autonomous-technology-robotics-etf","tag-artificial-intelligence","tag-asml-holding-nv","tag-breaking-news-technology","tag-business-news","tag-donald-trump","tag-elon-musk","tag-emmanuel-macron","tag-first-trust-cloud-computing-etf","tag-france","tag-india","tag-intel-corp","tag-ishares-semiconductor-etf","tag-microsoft-corp","tag-narendra-modi","tag-sam-altman","tag-satya-nadella","tag-softbank-group-corp","tag-technology","tag-uk","tag-united-kingdom","tag-united-states"],"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1068201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1068201"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1068201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1033687"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1068201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1068201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1068201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}