Microsoft Is Investing $2.1 Billion In Spain To Power Its AI Ambitions – News18

Last Updated: February 20, 2024, 13:52 IST

Last Updated: February 20, 2024, 13:52 IST

Redmond, Washington State, USA

Microsoft is beginning to double down on its AI investments.

Microsoft will increase its synthetic intelligence (AI) and cloud infrastructure in Spain by means of an funding of $2.1 billion within the subsequent two years.

U.S. software program big Microsoft will increase its synthetic intelligence (AI) and cloud infrastructure in Spain by means of an funding of $2.1 billion within the subsequent two years, the corporate’s Vice Chair and President Brad Smith mentioned in a submit on social media website X.

The transfer comes on the heels of its announcement of a 3.2 billion euros ($3.45 billion) AI-focused funding in Germany, spanning the following two years.

Microsoft didn’t instantly reply to a Reuters request for additional particulars on the funding in Spain.

“Our investment is beyond just building data centers, it’s a testament to our 37-year commitment to Spain, its security, and development and digital transformation of its government, businesses, and people,” Smith mentioned.

(This story has not been edited by News18 employees and is revealed from a syndicated news company feed – Reuters)

Source: www.news18.com

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