Microsoft to invest US$3.2 billion in Swedish cloud, AI
- Microsoft Corp is investing $3.2 billion in artificial intelligence and cloud infrastructure in Sweden, utilizing the country's green energy.
- The investment includes adding 20,000 GPUs to three data centers, with a commitment to train 250,000 people in AI skills.
- Microsoft Vice Chair and President, Brad Smith, emphasized the benefits of AI to Sweden in an interview.
27 Articles
27 Articles
Microsoft to invest US$3.2bil in Swedish cloud, AI
STOCKHOLM: Microsoft will invest 33.7 billion Swedish crowns ($3.21 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period, the U.S. tech group said on Monday.
In the last few months, the US group announced similar investment programs in other important countries.
Microsoft to invest $3.2 billion in Swedish cloud, AI
Microsoft will invest 33.7 billion Swedish crowns ($3.2 billion) to expand its cloud and artificial intelligence (AI) infrastructure in Sweden over a two-year period, it said on Monday.The rising popularity of generative AI has fueled demand for cloud
Microsoft wants to invest billions in expanding its cloud services and artificial intelligence (AI) in Sweden, reports the tech company. The company wants to invest 33.7 billion Swedish crowns, around 3 billion euros, in two years. It is Microsoft's largest investment in Sweden.
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