Microsoft pledges $4.3 billion investment at Macron’s ‘Choose France’ summit

📆 13/5/2024 9:24 PM
📰 AP

⏱ Reading Time:
15 sec. here
14 min. at publisher
📊 Quality Score:
News: 51%
Publisher: 51%

France News

General News,Europe,Corporate Management

Microsoft has announced its most substantial commitment yet to France. The company pledged on Monday to invest 4 billion euros or $4.3 billion this year to bolster the country’s burgeoning artificial intelligence sector. This move is part of a broader effort unveiled during President Emmanuel Macron’s pro-business Choose France event.

Microsoft CEO Brad Smith, right, speaks to French President Emmanuel Macron at the French Microsoft headquarters in Issy-les-Moulineaux, outside Paris, Monday, May 13, 2024. Microsoft, which has been present in France for 41 years, is announcing a 4 billion euro investment this year, the largest to date in the country, to support French growth in the new artificial intelligence economy.

Microsoft’s vice chair and president, Brad Smith, visited the company’s French headquarters with Macron. The plan includes expanding next-generation Cloud and AI infrastructure and delivering up to 25,000 of the most advanced GPUs, or graphics processing units, to France by the end of 2025.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft joins Amazon with $4.3 billion tech investment in FranceMicrosoft and Amazon announce major investments – $4.3 billion and $1.3 billion respectively – that will be directed towards data centres, AI and logistics.
Source: trtworld - 🏆 101. / 63 Read more »