Microsoft to invest record-breaking €2.9 billion in Sweden’s cloud and AI infrastructure.

Microsoft has announced a record-breaking investment of €2.9 billion in Sweden’s cloud and AI infrastructure over the next two years. This investment aims to enhance the company’s cloud and AI capabilities, train 250,000 individuals in AI skills, and boost Sweden’s competitiveness. The project includes deploying 20,000 advanced GPUs across Microsoft’s data center sites in Sandviken, Gavle, and Staffanstorp. This initiative aligns with the Swedish government’s push for greater innovation and competitiveness. Microsoft will also partner with local governments and stakeholders to ensure the infrastructure contributes to a sustainable future and community prosperity

Microsoft’s investment in Sweden will focus on several key areas:

  1. Cloud and AI Infrastructure Expansion: Microsoft will expand its cloud and AI infrastructure in Sweden, deploying 20,000 advanced GPUs to its existing data centers in Sandviken, Gävle, and Staffanstorp.
  2. AI Skills Development: The company aims to train 250,000 people in AI skills, providing a talent pool for local and international companies.
  3. Renewable Energy: Microsoft will invest in renewable energy, procuring nearly 1,000 MW of renewable energy in Sweden, highlighting the country’s forward-thinking energy policy and commitment to sustainability.

These investments are part of Microsoft’s broader strategy to accelerate Sweden’s adoption of AI, increase the country’s competitiveness, and create long-term benefits for the Swedish economy.

full article: https://arcticstartup.com/microsoft-invests-e2-9-bn-in-sweden/

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