Big Tech's AI ambitions pose a major power test for Europe

SoftBank plans to construct 3.1 GW of AI data centers in France's Hauts-de-France region, including sites in Dunkirk, Bosquel, and Bouchain, by 2031. France's reliance on nuclear power, covering over 60% of its energy, positions it well to support energy-intensive AI operations amid Europe's high industrial electricity prices. Energy costs in Europe last year averaged double U.S. levels and 50% higher than in China and India, according to the International Energy Agency. This makes nuclear-powered regions like France especially attractive for AI infrastructure. Analysts emphasize that nuclear power will gain prominence as a key solution for meeting rising energy demands from AI operations across Europe.