US EditionMicrosoft Doubles Down On AI, Invests $10B Portugal Data Center - Microsoft (NASDAQ:MSFT)
Microsoft plans six buildings with $10 billion investment to expand AI infrastructure and reduce partner dependency using proprietary chips and mixed AI models.
- On Tuesday, Microsoft Corp committed $10 billion to build an artificial intelligence data center in Sines, Portugal, partnering with Start Campus and Nscale, as disclosed by Brad Smith at the Web Summit in Lisbon.
- To meet soaring AI demand, Microsoft is expanding infrastructure, signing an October lease at Sines and partnering recently with neocloud providers CoreWeave Inc. and Nebius Group NV.
- A Start Campus representative said discussions continue after the March opening of the first of six buildings, with Microsoft signing an October multi-year agreement and partnering recently with CoreWeave Inc. and Nebius Group NV.
- The company plans to lease capacity from Nscale in Norway and the UK, while Microsoft stock has gained over 20% year-to-date despite trading slightly lower premarket on Tuesday.
- Looking to 2026, analysts say Microsoft’s AI growth could push its valuation toward $5 trillion, with Azure front and center, according to Wedbush analyst Dan Ives.
24 Articles
24 Articles
Microsoft announced on Tuesday its intention to invest $10 billion from the beginning of next year in a mega data centre in Portugal to develop its infrastructure dedicated to artificial intelligence (AI).
Microsoft to invest $10 billion in Portuguese AI data hub
Microsoft plans to invest $10 billion in artificial intelligence infrastructure at a data centre in Portugal's port city of Sines over the next few years, marking one of the largest AI investment projects in Europe, it said today.
The North American company Microsoft announced that it will invest more than $10 billion (about €8.6 billion) in Portugal. Portugal won a competition to rent a "IA giant factory"! Investment will be made in Sines... From...
Microsoft is investing $10 billion (approximately CZK 210 billion) in an artificial intelligence (AI) data center off the coast of Portugal. It will be one of the US company's largest investments in Europe this year, Bloomberg reported, citing a company statement.
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