Over the next two years, Microsoft has pledged to invest the funds to boost AI infrastructure in Germany as Big Tech companies continue to pour into Europe.
Big Tech giant Microsoft is set to invest 3.2 billion euros ($3.44 billion) into Germany in the next two years, primarily focusing on boosting its infrastructure for artificial intelligence (AI).
The funding announcement was made by the company’s president and vice chairman, Brad Smith, on Feb. 15 at an event held in Berlin about its future engagement plans for AI and cloud development in the country.
Microsoft will focus on building new data centers in the country and training people in developing AI skills. According to a report from Reuters, it is the most significant investment in Germany by Microsoft in 40 years.