Microsoft is all set to invest USD 2.1 billion in AI and cloud infrastructure development in Spain.
Microsoft has reportedly announced that it will expand its artificial intelligence (AI) and cloud infrastructure in Spain by investing USD 2.1 billion in the next two years. The news was officially out by the Vice Chair and President of Microsoft, Brad Smith.
Smith said, “I’m thrilled to announce that we will expand our AI and cloud infrastructure in Spain by $2.1 billion in the next two years. Our investment is beyond just building data centres, it’s a testament to our 37-year commitment to Spain, its security, and development and digital transformation of its government, businesses, and people.”
According to the company, the investment would make Microsoft’s cloud computing and AI capabilities more accessible to small and large businesses, including the capacity to develop and apply AI models. The data centres will reportedly be powered entirely by renewable energy. The announcement surfaced when the company announced its plan for the investment of USD 3.45 billion in Germany which focused on artificial intelligence.
