Madrid, February 19, 2024, The Europe Today: In a significant move to reinforce its presence in Spain, U.S. software giant Microsoft announced a substantial investment of $2.1 billion over the next two years to expand its artificial intelligence (AI) and cloud infrastructure. Brad Smith, Vice Chair and President of Microsoft, shared this development in a post on the social media platform X.
This strategic investment follows closely on the heels of Microsoft’s recent announcement of a 3.2 billion euros ($3.45 billion) investment earmarked for AI-focused initiatives in Germany, spanning the next two years. The company’s commitment to advancing AI and cloud capabilities in both Spain and Germany underscores its dedication to fostering technological innovation across Europe.
While Microsoft has not immediately provided detailed specifics in response to a Reuters request, Brad Smith emphasized that the investment goes beyond the establishment of data centers. Instead, it stands as a testament to Microsoft’s 37-year commitment to Spain, prioritizing the country’s security and contributing to its overall development and digital transformation.
“Our investment is beyond just building data centers; it’s a testament to our 37-year commitment to Spain, its security, and development and digital transformation of its government, businesses, and people,” said Smith.
Microsoft’s move to expand its AI and cloud infrastructure in Spain is anticipated to have far-reaching implications for the country’s technological landscape, fostering innovation, enhancing digital capabilities, and contributing to the growth of businesses and government initiatives. As technology continues to play a pivotal role in global advancement, Microsoft’s investment underscores its role in supporting Spain’s journey towards a digitally empowered future.
