trending Market Intelligence /marketintelligence/en/news-insights/trending/2zmire_zzw3zx5jc3zbypa2 content esgSubNav
In This List

Samsung, Fujitsu to locate AI research centers in France

The Cobalt Expansion Drive Is A Copper Story

Podcast

Maritime and Trade Talk | EP12: Oil Price Cap - Implications for Trade and Shipping Risk

Podcast

Maritime and Trade Talk | E10: Navigating Maritime Risks from an Insurers’ Perspective?

Podcast

Maritime and Trade Talk | Episode 11: Trade Outlook - Response To Geopolitical Events


Samsung, Fujitsu to locate AI research centers in France

Samsung Electronics Co. Ltd. will set up its third global research and development hub for artificial intelligence in France and employ nearly 100 experts in Paris, Reuters reported March 28, citing the French president's office.

The announcement came after a meeting between France's president Emmanuel Macron and Samsung's strategy chief Young Sohn in Paris. The move buoys Macron's plans to bolster the country's AI capabilities.

Two presidential advisers reportedly said that South Korea-based Samsung is set to expand its team in Paris, currently comprising 15 people, to 50 scientists by the end of 2018, with the goal of employing 100 experts.

Japanese information technology company Fujitsu Ltd. will also set up a European AI research center in France, expanding the team of 15 people hosted at France's engineering school Polytechnique near Paris.