Oct 04, 2024
60
Microsoft (MSFT.O), opens new tab plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its artificial intelligence (AI) and cloud infrastructure in northern Italy, it said on Wednesday.
Microsoft said in a statement the investment would be the U.S. company's largest in Italy to date. It will make the cloud region ItalyNorth one of the biggest Microsoft data centres in Europe, working as a data hub also for the Mediterranean and north Africa.
SOURCE: https://www.reuters.com
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