Microsoft's next big cloud and AI investment is pouring billions of Euros into France
Microsoft will invest €4bn in France by 2027
· TechRadarNews By Craig Hale published 13 May 2024
Tech giant Microsoft has declared its intention to invest a massive €4 billion ($4.3 billion) in France as part of the country’s ‘Choose France’ initiative.
Company VC and President Brad Smith confirmed the news in an exclusive interview with Le Figaro.
Microsoft joins the likes of AWS, which has unveiled plans to invest €1.2 billion ($1.3 billion) into the country’s AI scene, though Redmond’s hefty investment represents more than one-quarter of the country’s anticipated €15 billion ($16.3 billion) in investments coinciding with the event.
Microsoft France investment
The majority of the investment will be channeled into the blossoming artificial intelligence sector in the country, with plans to establish a leading data center in Mulhouse, near the country’s eastern border with Germany and Switzerland.
Microsoft’s multibillion-dollar cash injection will run over the course of three years and will fund infrastructure, training for French citizens and support for the country’s AI startups.
Over the course of the past couple of years, France has secured itself a position as the top choice for many artificial companies and startups thanks to its strong research foundations, government support initiatives and strategic location.
French startup Mistral AI has already been supported by Microsoft, having received a €15 million ($16.2 million) investment as part of a partnership between the two firms.
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