Microsoft Is Investing .1 Billion In Spain To Power Its AI Ambitions


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

Redmond, Washington State, USA

Microsoft is starting to double down on its AI investments.

Microsoft is starting to double down on its AI investments.

Microsoft will expand its artificial intelligence (AI) and cloud infrastructure in Spain through an investment of $2.1 billion in the next two years.

U.S. software giant Microsoft will expand its artificial intelligence (AI) and cloud infrastructure in Spain through an investment of $2.1 billion in the next two years, the company’s Vice Chair and President Brad Smith said in a post on social media site X.

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

Microsoft did not immediately respond to a Reuters request for further details on the investment 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 said.

(This story has not been edited by News18 staff and is published from a syndicated news agency feed – Reuters)



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