US digital giant Microsoft has announced it will spend billions of dollars on an artificial intelligence data center in Spain, adding to a major investment project planned in Germany.
Spanish Prime Minister Pedro Sanchez and Microsoft executive Brad Smith announced Monday an investment of 1.95 billion euros ($2.1 billion) over two years. The funds will be used to expand AI and cloud infrastructure, Smith wrote on online platform X (formerly Twitter).
Last week, Mr Smith announced that Germany would invest almost €3.3 billion over two years to significantly expand his data center capacity for AI and cloud computing applications.
His largest single investment in Microsoft’s 40-year history in Germany, it also includes an AI training program expected to involve up to 1.2 million people.
Last November, Microsoft pledged to invest £2.5 billion ($3.15 billion) in AI in the UK by 2026. A month earlier, Smith had pledged A$5 billion ($3.26 billion) to invest in AI during a visit to Australia.
- NBA Rookie of the Year Favorite: Former UConn Huskies Star Guard - December 17, 2024
- Where to Watch the ‘Yellowstone’ Finale Without Cable: A Simple Guide - December 14, 2024
- Wendy’s is celebrating the festive season with 12 days of ‘Bow-Go’ deals exclusively on the app - December 13, 2024