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Paris is eager to build up a capacity to store sensitive data in
France amid concerns the U.S. government can obtain data kept on
the servers of U.S. companies such as Amazon and Microsoft.
"We have asked Dassault Systemes and OVH as well to work on this
and we will have the first results in December 2019," Finance
Minister Bruno Le Maire told a conference at French online ad
company Criteo.
"Based on these results, we want to build a trustworthy cloud to
store our companies' most sensitive data," he said, adding the
project would be done at the Franco-German level at first and
possibly at the European level later.
Dassault Systemes is a French software company and OVH is a
privately held French cloud computing company.
Paris is concerned a 2018 U.S. law called the Cloud Act lets any
U.S. agency access European corporate data that is stored on the
data centers of U.S. companies without telling them.
"It's totally unacceptable," Le Maire said, adding a solution
needed to be found urgently between Washington and the European
Union.
Le Maire said France would invest 1.5 billion euros ($1.6
billion) by 2020 in artificial intelligence (AI), with 600
million in research and 800 million in seed-money and funds for
bringing AI projects to market.
The money will come from an innovation fund financed by the sell
off of state assets, starting with the sale of a stake in French
lottery monopoly la Francaise des Jeux "in the coming weeks", he
said.
(Reporting by Leigh Thomas; Editing by Richard Lough and Mark
Potter)
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