Friday, 24 March, 2023

France planning to invest €1.8B in cloud computing industry

<p>France has announced a &euro;1.8B support plan for the country&#39;s cloud computing industry to enable local companies to compete on a global scale. The plan will consist of &euro;667M from public financing, &euro;444M of European Union financing, and &euro;680M coming from private co-financing. The initiative was announced in the offices of French cloud computing firm OVH Cloud, which went public last month after becoming a major player in global cloud computing.<br /> &nbsp;</p>