Investing
Microsoft to expand its AI infrastructure in Spain with $2.1 billion investment
© Reuters. A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, February 9, 2024. REUTERS/Gonzalo Fuentes/File Photo
(Reuters) – U.S. software giant Microsoft (NASDAQ:) 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.
($1 = 0.9279 euros)
Read the full article here
-
Side Hustles6 days ago
3 Steps You Can’t Miss When Growing Your Business
-
Make Money6 days ago
Here’s the Typical American’s Income at Every Age. How Do You Compare?
-
Investing6 days ago
Germany stocks lower at close of trade; DAX down 0.65% By Investing.com
-
Investing6 days ago
How I Transformed My Business by Letting Go of Low-Value Tasks
-
Side Hustles4 days ago
How Your Body Language Can Help Win a Disagreement
-
Passive Income4 days ago
Are You Running Your Business, or Is Your Business Running You?
-
Side Hustles5 days ago
How to Develop Empowered Leaders Within Your Own Team
-
Passive Income6 days ago
CVS Is Laying Off Thousands in Cost Cutting Initiative