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](https://cdn.brief.news/images/stories/17a2770e9fbdd8cd0caa32ddcf83c42c4a536bcdeb30b664f4f13fddc1240659341306bc257ff6376fabc2545590566c69ca1766ea7120f1004196c5a1cefc76.jpg)
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
Get a daily email with more World News stories
Sources
![Microsoft to invest $3.2bn in Swedish AI and cloud infrastructure](https://cdn.brief.news/images/links/92fcd3021197567d91735306565445c830a05b27a13465338bf4b4b3c8f361da35bc14c2adcaf496dee6ce6feb67c3c365389e6f701be743a525063afd6ae35a.jpg)
Yahoo Finance • Jun 3, 2024
Microsoft to invest $3.2bn in Swedish AI and cloud infrastructure![Microsoft to invest $3.2 billion in Swedish cloud, AI](https://cdn.brief.news/images/links/17a2770e9fbdd8cd0caa32ddcf83c42c4a536bcdeb30b664f4f13fddc1240659341306bc257ff6376fabc2545590566c69ca1766ea7120f1004196c5a1cefc76.jpg)
Yahoo Finance • Jun 3, 2024
Microsoft to invest $3.2 billion in Swedish cloud, AI![Microsoft to invest $3.2 bn in AI in Sweden](https://cdn.brief.news/images/links/ca3476a2713c41374f8c23f66783cfc99abfa615d920dbd250c387a5d31a07937ac9cb79a518ecda4429a97f7d6bd52d7ffe529b8e6228cf97165e1d31b88e8c.jpg)
Yahoo Finance • Jun 3, 2024
Microsoft to invest $3.2 bn in AI in Sweden![Microsoft announces plans to invest $3.2 billion in Swedish AI](https://cdn.brief.news/images/links/4de2c0ab7cb3d5ad1a6ff1709d7feb491ded53dc423eb5f8b2373f087c795a0b7fb12390575bb803c9a7dd2d06a8ff954d8d8645dd704ffcef12b881ba0d7a9a.jpg)
Fortune • Jun 3, 2024
Microsoft announces plans to invest $3.2 billion in Swedish AI