Official announcements from Microsoft or credible news sources

Microsoft to Invest $3.2 Billion in AI and Cloud in Sweden Over Two Years

Jun 3, 2024, 08:30 AM

Microsoft plans to invest $3.2 billion in artificial intelligence and cloud facilities in Sweden. This investment will be made over a two-year period and includes expanding data center capacity and training 250,000 people in Sweden by 2027. The initiative aims to boost Sweden's competitiveness in the tech industry and embraces sustainability.