The Artificial Intelligence Action Summit convened in Paris, bringing together leaders and innovators from across Europe to discuss the future of AI development. French President Emmanuel Macron unveiled a monumental €109 billion ($112 billion) investment package aimed at fostering the French AI ecosystem.

Next week, Macron will host the AI Action Summit in Paris, gathering heads of state and government. On Sunday, February 9, French President Emmanuel Macron posted artificial intelligence-generated fake videos he features in to promote a summit on the topic that opens in Paris on Monday.

French President Emmanuel Macron said on Monday that the Paris AI summit was “a wakeup call” for a European strategy to get competitive in a tech world now dominated by the U.S. and China. Macron touted newly-announced investments in France worth 109 billion euros over the next five years.