Microsoft will invest 3.4 billion dollars in Germany, especially in AI

Technology

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AFP




February 15, 2024 at 12:52 pm. I am.

American computer company M.IGrasoft announced on Thursday that it would invest 3.2 billion euros ($3.4 billion) in) in Germany by the end of 2025, mainly in the field of artificial intelligence and cloud technology (remote computing).

The goal is to “double our data center and artificial intelligence infrastructure capabilities” in the country, its board vice chairman Brad Smith told a news conference in Berlin.

The group will “double” the capacities of its data centers in the Frankfurt area and create “new infrastructure” in the North Rhine-Westphalia region. It was his “biggest investment in forty years.”That is, Smith highlighted the group's arrival in Germany.

“We want the German economy to take advantage of artificial intelligence to strengthen its competitiveness,” he added, calling Germany an “extraordinary center of innovation.” Additionally, the US group will invest in training “more than 1.2 million people” in these areas, and finance the energy infrastructure needed to power its facilities. Chancellor Olaf Scholes, who attended the press conference, congratulated himself on “very good news for the German economic market” on Thursday. “These projects show how attractive Germany is to investors,” he added, adding that the country, currently in recession, fears for the future of its economic model.

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