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SoftBank-Sesterce AI data center project

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AI Overview

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SoftBank has committed €75 billion to build Europe's largest AI data center network in France, with half of the €93 billion in total foreign investments pledged to France in 2023 earmarked for this project. The joint venture between SoftBank and French AI company Sesterce aims to develop a 1 GW AI data center campus in Bosquel, France.

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This development drives growth in the European data center sector, with France positioning itself as a global AI leader by leveraging its nuclear capacity. The project boosts SoftBank's and Sesterce's valuations, while also attracting other investments to France. Competitors in the data center space, such as Equinix and Digital Realty, may face increased competition in Europe.

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Key catalysts to watch include: 1) the groundbreaking ceremony for the data center campus, expected in Q3 2023; 2) SoftBank's and Sesterce's quarterly earnings reports, which will provide updates on the project's progress and potential impacts on their financials; and 3) any regulatory decisions regarding the project's environmental impact and approvals.
AI Overview as of Jun 03, 2026

Timeline

Last UpdatedJun 01, 2026