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Microsoft to Invest $2.1 bn in AI and Cloud Infrastructure in Spain

DigitalCIO Bureau by DigitalCIO Bureau
February 21, 2024
in Tech News
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Microsoft Aims To Double Cloud Computing Business In Germany
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Microsoft has announced it will spend billions on data centres for artificial intelligence in Spain, apart from the major investment projects it plans in Germany.

Brad Smith, the Vice Chair and President of Microsoft, made the announcement via a post on the social media platform X. €1.95 billion ($2.1 billion) would be invested over a period of two years. The money would be used to expand the AI and cloud infrastructure, Smith wrote on X, formerly Twitter.

Last week, Smith announced investments of almost €3.3 billion within two years for Germany to massively expand its data centre capacities for AI and cloud computing applications.

This move comes closely on the heels of Microsoft’s last week announcement of a $3.45 billion investment earmarked for AI-focused initiatives in Germany, also spanning a two-year timeframe.

The largest single investment in Microsoft’s 40-year history in Germany also includes an AI training programme that aims to reach up to 1.2 million people.

Last November, Microsoft had already pledged to invest £2.5 billion ($3.15 billion) in AI in the UK by 2026. A month earlier, Smith promised an investment of 5 billion Australian dollars ($3.26 billion) in the AI sector during a visit to Australia.

Tags: artificial intelligenceMicrosoft
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