MGX, an Abu Dhabi-based investment firm for AI, and Nvidia announced on Monday plans to build the largest AI campus in Europe along with French companies.
The campus, which will be built near Paris, is expected to reach a capacity of 1.4 gigawatts, the companies said in a joint statement. Bpifrance, Mistral AI and the French national investment bank are joining MGX and Nvidia in the joint venture. The companies made the announcement at the Choose France Summit in Versailles.
“At MGX, we see AI as the most transformative force of our time, and believe open, enduring infrastructure is key to unlocking its broad societal impact,” said Ahmed Yahia, MGX managing director and chief executive.
President Sheikh Mohamed and French President Emmanuel Macron met in Paris in February, where the investment of an AI campus in France was discussed. The UAE and France have maintained a Comprehensive Strategic Energy Partnership since 2022.
The companies said the campus will include the first purpose-built intelligence hub in Europe that will support “the full AI life cycle”.
“The France AI Campus will accelerate breakthroughs across science, education, public services, and business, fuelling Europe’s next wave of innovation,” Mr Yahia said.
Jensen Huang, Nvidia's chief executive, added: “The AI Campus will be transformational infrastructure for France – built in France, to fuel France in the era of AI. It will revolutionise science, education, and industry.”
Other partners in the joint venture include the French engineering group Bouygues, the low-carbon energy firm EDG Group, France’s national electricity transmission operator RTE and the engineering university Ecole Polytechnique. The French institution also has a collaboration with the Mohamed Bin Zayed University of Artificial Intelligence in Dubai.
Results
6pm: Dubai Trophy – Conditions (TB) $100,000 (Turf) 1,200m
Winner: Silent Speech, William Buick (jockey), Charlie Appleby
(trainer)
6.35pm: Jumeirah Derby Trial – Conditions (TB) $60,000 (T)
1,800m
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7.10pm: UAE 2000 Guineas Trial – Conditions (TB) $60,000 (Dirt)
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9.30pm: Aliyah – Rated Conditions (TB) $80,000 (D) 2,000m
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The bio
Favourite book: The Alchemist by Paulo Coelho
Favourite travel destination: Maldives and south of France
Favourite pastime: Family and friends, meditation, discovering new cuisines
Favourite Movie: Joker (2019). I didn’t like it while I was watching it but then afterwards I loved it. I loved the psychology behind it.
Favourite Author: My father for sure
Favourite Artist: Damien Hurst
The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
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Citadel: Honey Bunny first episode
Directors: Raj & DK
Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon
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The five pillars of Islam
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.