On the eve of the Action for AI Summit in Paris on Monday, French President Emmanuel Macron unveiled a €109 billion ($112 billion) investment package from the private sector that will be injected into the country’s blossoming AI ecosystem in the coming years.

France has attracted in excess of $100 billion in future investments for artificial intelligence projects, President Emmanuel Macron said as the country hosts the AI Action Summit this week. President Macron said in an interview with France 2 that in the coming years,