Update: Microsoft to Invest $4.31 Billion in Cloud, AI Infrastructure in France-March 2024-www.financetom.com

Update: Microsoft to Invest $4.31 Billion in Cloud, AI Infrastructure in France

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Update: Microsoft to Invest $4.31 Billion in Cloud, AI Infrastructure in France

May 13, 2024 7:41 AM

10:11 AM EDT, 05/13/2024 (MT Newswires) -- (Updates to add details throughout.)

Microsoft ( MSFT ) said Monday it aims to spend 4 billion euros ($4.31 billion) in France to build cloud and artificial intelligence infrastructure, which includes bringing up to 25,000 advanced graphic processing unit to France by the end of 2025.

"We are building state-of-the-art Cloud and AI infrastructure, training people with AI skills, and supporting French startups as they use our technology with confidence to grow in a fair and responsible way," Microsoft ( MSFT ) President Brad Smith said at French President Emmanuel Macron's annual "Choose France" summit.

The company said it plans to train 1 million people and help 2,500 startups by 2027 in France.

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