Microsoft to invest $3.2 bn in AI in Sweden

June 3, 2024 53

A logo of US company Microsoft is displayed during the Vivatech technology startups and innovation fair, at the Porte de Versailles exhibition center in Paris, on May 22, 2024. (Photo by JULIEN DE ROSA / AFP) (Photo by JULIEN DE ROSA/AFP via Getty Images)

Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, the US company said in a statement.

The group will train 250,000 people by 2027 to boost AI knowledge and competence and also increase capacity at its three data centres in the country, the statement said, adding that the investment was Microsoft’s biggest ever in Sweden.

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MICROSOFT

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Written by: Staff Writer

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