(UPDATE) PARIS — A historic boat parade down the River Seine launched the Paris Olympics with spectacular French flair Friday, as the City of Light welcomed the world's greatest athletes for a sporting extravaganza.

A show-stopping performance by Celine Dion, a flaming Olympic cauldron lifted into the night sky by hot-air balloon, and a dazzling Eiffel Tower light show brought the curtain down on a four-hour celebration of French culture, history and art.

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