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Microsoft to Invest 4.3 Billion Euros ($4.75 Billion) in Italy for AI and Cloud Infrastructure
Oct 2, 2024, 02:47 PM
Microsoft has announced a significant investment of 4.3 billion euros ($4.75 billion) to enhance its AI infrastructure and cloud capacity in Italy. The investment, which will be made over the next two years, is part of Microsoft's broader strategy to expand its technological capabilities globally. This move underscores the company's commitment to strengthening its presence in Europe and advancing AI and cloud technologies. Some reports indicate the investment could be as high as $4.8 billion.
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