Microsoft's €3.2 Billion German Expansion: New Data Centers and AI Focus
February 15, 2024
Microsoft Corp. has declared a €3.2 billion investment, their largest to date in Germany, aiming to double their current financial commitments.
The investment focuses on establishing new data centers and AI training programs, targeting sectors like manufacturing, automotive, finance, pharmaceuticals, life sciences, and medical technology.
Significant development will occur in North Rhine-Westphalia and Hesse, with new cloud regions and data center expansions.
Microsoft's collaboration with major German companies such as Siemens and Bayer has contributed to its ascent as the world's most valuable company, surpassing Apple.
The expansion enables Microsoft to offer lower data latency to its major clients and leverage Germany's strong commitment to data privacy and security.
As part of the investment, Microsoft plans to upskill 1.2 million individuals in Germany in digital competencies without relying on state subsidies.
This move is part of a global initiative by Microsoft to push the envelope in AI, with parallel investments earmarked for the UK and Australia.
Summary based on 31 sources