Microsoft Will Spend $3.2 Billion on Swedish AI Infrastructure ...Middle East

Microsoft is reportedly investing $3.2 billion to expand its AI and cloud operations in Sweden. As Reuters reported Monday (June 3), the investment comes as the increasing popularity of generative artificial intelligence (AI) has led to a boom in demand for cloud services. As such, companies like Microsoft and Amazon Web Services (AWS) are spending billions to construct European data centers. “You will see some other announcements, probably more in the fall,” Microsoft President Brad Smith told Reuters. According to the report, Microsoft aims to deploy 20,000 of the most advanced graphics processing units, which speed up computer calculations, at its Swedish data centers. Smith said the co

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