Sunday, 8 Feb 2026
Subscribe
logo
  • Global
  • AI
  • Cloud Computing
  • Edge Computing
  • Security
  • Investment
  • Sustainability
  • More
    • Colocation
    • Quantum Computing
    • Regulation & Policy
    • Infrastructure
    • Power & Cooling
    • Design
    • Innovations
    • Blog
Font ResizerAa
Data Center NewsData Center News
Search
  • Global
  • AI
  • Cloud Computing
  • Edge Computing
  • Security
  • Investment
  • Sustainability
  • More
    • Colocation
    • Quantum Computing
    • Regulation & Policy
    • Infrastructure
    • Power & Cooling
    • Design
    • Innovations
    • Blog
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Data Center News > Blog > Investments > Microsoft Makes $3.2 Billion AI Bet on Swedish Data Centers
Investments

Microsoft Makes $3.2 Billion AI Bet on Swedish Data Centers

Last updated: June 4, 2024 10:24 am
Published June 4, 2024
Share
Microsoft Makes $3.2 Billion AI Bet on Swedish Data Centers
SHARE

Microsoft plans to take a position $3.2 billion in synthetic intelligence and cloud amenities in Sweden, its largest-ever infrastructure wager within the Nordic nation drawing on the area’s wealthy provide of inexperienced vitality.

The transfer cements the tech-giant’s footprint within the nation by including 20,000 GPUs, or graphics processing items, at its three information facilities. The corporate can also be committing to coaching 250,000 in “important AI expertise,” in line with an announcement on Monday.

“This massive funding displays our perception in how a lot Sweden can profit from AI,” Microsoft Vice Chair and President Brad Smith mentioned in an interview. He praised the nation as “one of many continent’s most modern nations,” whereas including that the nation will solely stay a frontrunner if it makes use of AI.

The Nordic area has develop into a first-rate goal for large vitality customers due to the abundance of unpolluted vitality, with hydropower dominating the ability combine. Fb-owner Meta Platforms and Google-owner Alphabet each have their very own massive amenities throughout the Nordics. 

Knowledge facilities compete with different industries seeking to profit from a few of the most cost-effective electrical energy on the planet. A number of inexperienced mega-projects are anticipated to greater than double energy demand within the coming decade. 

When requested in regards to the threat of a looming energy crunch, Microsoft’s Smith mentioned the corporate has coupled its information middle investments with massive bets on renewable vitality. It has procured almost 1 GW of energy in addition to signed a contract with state-owned energy firm Vattenfall. 

Associated:Bitcoin Miners Pivot to Knowledge Heart Operations Amid AI Growth

See also  5 Things You Can't Automate In Your Data Center | DCN

“I don’t suppose we might have made an funding such because the one we’ve got finished in Sweden with no associate like Vattenfall,” Smith mentioned.

Source link

TAGGED: Bet, billion, Centers, data, Microsoft, Swedish
Share This Article
Twitter Email Copy Link Print
Previous Article Winner holding golden trophy cup above head sun and golden sky in background How Kubernetes succeeded | InfoWorld
Next Article Cloud Data Center Market Analysis, 2018-2033 | A $46+ Billion Opportunity by 2028 Cloud Data Center Market Analysis, 2018-2033 | A $46+ Billion Opportunity by 2028
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe
LinkedInFollow
MediumFollow
- Advertisement -
Ad image

Popular Posts

sellmyartworks.com Raises GBP300K in Funding

Trademylux Restricted, a Scottish artwork tech startup doing enterprise as sellmyartworks.com, raised £300K in funding. Backers…

February 19, 2024

Thai Billionaire Doubles Data Center Investment

Thai billionaire Sarath Ratanavadi is betting huge on the way forward for expertise. His firm,…

June 28, 2024

HPE-Juniper acquisition timeline | Network World

June 20, 2024: HPE-Juniper merger faces antitrust inquiry in UK An inquiry into HPE’s $14…

February 2, 2025

Phonic Raises $4M in Funding

Phonic, a San Francisco, CA-based speech-to-speech platform for constructing lifelike, conversational voice brokers, raised $4M in funding.…

April 4, 2025

NetFoundry secures $12M to disrupt legacy networking models in AI era

Edge safety firm NetFoundry introduced a $12 million funding led by SYN Ventures to revolutionize…

May 5, 2025

You Might Also Like

Shutterstock Germany Only - News - Intel Factory Germany September 2024
Global Market

Intel sets sights on data center GPUs amid AI-driven infrastructure shifts

By saad
SpaceX
Global Market

Musk’s million data centers in space won’t fly, say experts

By saad
View on cooling towers of nuclear power plant thermal power station in which heat source is nuclear reactor, France, Europe, cheap energy source
Global Market

What hyperscalers’ hyper-spending on data centers tells us

By saad
atNorth expands Nordic footprint with new Stockholm data centre
Power & Cooling

atNorth expands Nordic footprint with new Stockholm data centre

By saad
Data Center News
Facebook Twitter Youtube Instagram Linkedin

About US

Data Center News: Stay informed on the pulse of data centers. Latest updates, tech trends, and industry insights—all in one place. Elevate your data infrastructure knowledge.

Top Categories
  • Global Market
  • Infrastructure
  • Innovations
  • Investments
Usefull Links
  • Home
  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2024 – datacenternews.tech – All rights reserved

Welcome Back!

Sign in to your account

Lost your password?
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
You can revoke your consent any time using the Revoke consent button.