Microsoft Invests $3.2 Billion in Swedish AI and Cloud, Plans 20,000 GPUs and 250,000 Trainees

June 4, 2024
Microsoft Invests $3.2 Billion in Swedish AI and Cloud, Plans 20,000 GPUs and 250,000 Trainees
  • Microsoft Corp. is investing $3.2 billion in artificial intelligence and cloud infrastructure in Sweden.

  • The investment leverages Sweden's green energy resources.

  • Microsoft plans to deploy 20,000 GPUs across three data centers.

  • The initiative includes training 250,000 individuals in AI skills over the next three years.

  • The goal is to enhance Sweden's competitiveness in AI and strengthen local knowledge.

  • Brad Smith, Microsoft's Vice Chair and President, highlighted the benefits of AI for Sweden.

  • This investment underscores Microsoft's global commitment to advancing AI.

  • Other major US tech companies like Google, Apple, Amazon, and Meta are also investing heavily in AI projects worldwide.

Summary based on 18 sources


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Sources


Microsoft to invest $3.2 billion in Swedish cloud, AI

Microsoft to invest $3.2 bn in AI in Sweden

Yahoo Finance • Jun 3, 2024

Microsoft to invest $3.2 bn in AI in Sweden


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