Microsoft's $2.1 Billion AI and Cloud Investment in Spain

Microsoft's $2.1 Billion AI and Cloud Investment in Spain

By Staff Writer, 20 February 2024

Microsoft, the renowned U.S. software corporation, has unveiled plans to bolster its artificial intelligence (AI) and cloud infrastructure in Spain with a substantial investment totaling $2.1 billion over the course of the next two years.

Brad Smith, Vice Chair and President of the company, made the announcement via a post on the popular social media platform X.

This strategic initiative closely follows Microsoft's recent declaration of a significant AI-focused investment in Germany, amounting to 3.2 billion euros ($3.45 billion) over a similar two-year period.

Despite requests from Reuters for additional information regarding the specifics of the investment in Spain, Microsoft has yet to provide a response.

Brad Smith emphasized that this investment transcends mere establishment of data centers, portraying it as a manifestation of Microsoft's enduring 37-year dedication to Spain.

He underscored the company's commitment to bolstering Spain's security, fostering its development, and spearheading digital transformation across its government, businesses, and populace.

Source: Juveria Tabassum / Reuters

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