France unveils €1.8 billion fund for nation’s cloud sector

France, Paris

France has announced a €1.8 billion (£1.53bn) support plan for the nation’s cloud computing sector to keep the country competitive on a global scale.

The plan is divided into a €667 million care package for public financing, a €444 million boost to European Union financing, and a €680 million stimulus for private co-financing.

Thus far, 23 research and development projects have already been selected, making up €421 million of the public financing...

Thales and Google to create joint French sovereign cloud company

French Flag

Thales, the French aerospace and defence company, is joining forces with Google to offer state-approved cloud services to French enterprises and the country’s public sector.

The sovereign cloud offering will be operated by a joint company that Thales will be the majority shareholder in.

Despite this majority, the partnership between Thales, Europe’s largest defence electronics supplier, and Google is a clear acknowledgement of US superiority in cloud...