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Microsoft plans to invest $2.1 bn to expand its artificial intelligence (AI) infrastructure in Spain, aiming to boost the country's digital transformation. The investment, spread over seven years, will focus on building data centres and training AI talent. This move aligns with Microsoft's broader strategy to expand its cloud computing services globally.
The investment comes at a crucial time, as Spain seeks to recover from the economic impacts of the COVID-19 pandemic. Microsoft's investment is expected to create thousands of jobs, including direct employment within the company and indirect opportunities in the local economy.
One of the key objectives of this investment is to promote sustainability. Microsoft plans to build new data centres using 100% renewable energy, which aligns with its commitment to achieving carbon neutrality by 2030. This approach reflects a growing trend among technology companies to prioritise sustainability in their operations.
The expansion of Microsoft's AI infrastructure in Spain is expected to have significant implications for the country's digital economy. It will enable businesses to leverage AI technologies for innovation and growth, driving competitiveness and productivity across various sectors.
Microsoft's investment also underscores the importance of AI as a strategic technology for the future. By investing in AI infrastructure and talent, Microsoft aims to position itself as a leader in AI innovation, driving economic growth and technological advancement in Spain and beyond.
Also Read : EU growth expectations for 2024 fall to 10%, inflation remains a concern EU targets 40% clean tech production by 2030 for global competition
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