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Data Center News > Blog > AI > Microsoft is quadrupling its AI investment in Spain
AI

Microsoft is quadrupling its AI investment in Spain

Last updated: February 21, 2024 6:41 pm
Published February 21, 2024
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Microsoft is quadrupling its AI investment in Spain
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Microsoft has announced plans to considerably enhance its funding in AI and cloud infrastructure in Spain, with a dedication to quadruple its spending throughout 2024-2025 to succeed in $2.1 billion. This substantial improve marks the biggest funding by Microsoft in Spain since its institution within the nation 37 years in the past.

The tech big is ready to unveil new information centres in Madrid and has outlined its intention to assemble further centres in Aragon, catering to European corporations and public entities. The elevated European infrastructure goals to ship Microsoft’s cloud providers with heightened safety, privateness, and information sovereignty measures, facilitating entry to the corporate’s full suite of AI options for companies and public administrations within the area.

In line with an evaluation by IDC, these new Microsoft information centres have the potential to contribute €8.4 billion to the nationwide GDP and assist to generate 69,000 jobs from 2026 to 2030.

The dedication to funding aligns with a collaborative settlement solid between the President of the Authorities, Pedro Sánchez, and Microsoft President Brad Smith. Underneath this collaboration, Microsoft and the Authorities of Spain will collaborate on varied initiatives geared toward advancing accountable AI, enhancing citizen providers, and bolstering nationwide cybersecurity and resilience throughout Spanish corporations, public our bodies, and demanding infrastructures.

I’m thrilled to announce that we’ll develop our AI and cloud infrastructure in Spain by $2.1B USD within the subsequent two years. Our funding is past simply constructing information facilities, it’s a testomony to our 37-year dedication to Spain, its safety, and growth and digital… https://t.co/arJnZzyDpc

— Brad Smith (@BradSmi) February 19, 2024

This partnership operates throughout the framework of the National Strategy for Artificial Intelligence and the National Cybersecurity Strategy outlined by the Spanish authorities. It revolves round 4 key motion factors:

  1. Extension of AI in public administration: Efforts might be directed in direction of modernising administrative processes and equipping officers with AI instruments to spice up effectivity. This consists of deploying generative AI options and implementing AI coaching plans for officers.
  1. Promotion of accountable AI: Microsoft will share its accountable AI design requirements, together with implementation guides and greatest practices documentation, with the Spanish Agency for the Supervision of Artificial Intelligence (AESIA).
  1. Strengthening nationwide cybersecurity: Collaboration with the National Cryptological Center (CNI) goals to reinforce early warning mechanisms and response to cybersecurity incidents in public administrations.
  1. Enhancing cyber-resilience of corporations: Microsoft will collaborate with the National Institute of Cybersecurity (INCIBE) to reinforce the cybersecurity posture of Spanish corporations, notably SMEs, by offering entry to menace intelligence and conducting joint outreach initiatives.
See also  SipMARGS Receives $3M Investment led by Palm Tree Crew

Microsoft’s elevated funding underscores its dedication to advancing technological innovation in Spain whereas fostering a safe and accountable digital ecosystem.

(Photograph by engin akyurt on Unsplash)

See additionally: Wipro and IBM collaborate to propel enterprise AI

Need to study extra about AI and massive information from trade leaders? Take a look at AI & Big Data Expo going down in Amsterdam, California, and London. The excellent occasion is co-located with different main occasions together with BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

Discover different upcoming enterprise expertise occasions and webinars powered by TechForge here.

Tags: ai, synthetic intelligence, cloud, europe, infrastructure, microsoft, spain



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