Microsoft Invests $3.2B in Sweden for AI Training and Green Data Centers

June 4, 2024
Microsoft Invests $3.2B in Sweden for AI Training and Green Data Centers
  • Microsoft Corp is making a $3.2 billion investment in Sweden, its largest in the country to date.

  • The investment aims to train 250,000 Swedes in AI skills by 2027 and expand data center capacity.

  • This initiative is part of Microsoft's global strategy addressing AI risks, such as deepfakes.

  • Microsoft will deploy 20,000 advanced GPUs for generative AI and promote renewable energy use.

  • The company's stock is performing well, with analysts rating it as Strong Buy.

  • The Swedish Prime Minister sees AI as a transformative force, highlighting the investment's significance.

  • Investors and tech enthusiasts are closely watching Microsoft's future actions.

Summary based on 52 sources


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