Loading...
Loading...
Browse all stories on DeepNewz
VisitAmazon and Microsoft Invest Over $5.6 Billion in France, Boosting Jobs and AI Development
May 13, 2024, 10:25 AM
Amazon and Microsoft have announced significant investments in France, totaling approximately $5.6 billion. Amazon plans to invest $1.3 billion in its French operations, aiming to create over 3,000 permanent jobs. Concurrently, Microsoft has committed to a $4.3 billion investment to enhance its cloud and AI infrastructure in the country. This financial influx is part of the 'Choose France' summit, aimed at bolstering France's economic appeal to foreign investors. Microsoft's investment also includes the establishment of a data center in Mulhouse and a comprehensive skills training program for one million people to support France's growing AI economy.
View original story
Markets
Yes • 50%
No • 50%
Official Amazon press releases or French job market statistics
No • 50%
Yes • 50%
Microsoft official announcements or local Mulhouse government statements
Yes • 50%
No • 50%
Microsoft training progress reports or educational outreach statistics
Below 2,000 • 25%
Above 4,000 • 25%
3,001 to 4,000 • 25%
2,000 to 3,000 • 25%
Amazon employment statistics or French labor reports
Above 150 • 25%
Below 50 • 25%
50 to 100 • 25%
101 to 150 • 25%
French business registry or tech industry reports
Top 10 • 33%
Top 5 • 33%
Top 3 • 34%
Global AI industry reports and rankings