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Data Center News > Blog > Investments > Swedish cloud and AI infrastructure to see Microsoft investment | IceNews
Investments

Swedish cloud and AI infrastructure to see Microsoft investment | IceNews

Last updated: June 9, 2024 12:59 am
Published June 9, 2024
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Microsoft has introduced that it’ll make investments 33.7 billion Swedish Krona over two years to increase its cloud and AI infrastructure in Sweden.

Over 250,000 folks in Sweden with AI abilities inside organizations, colleges, universities, and the general public sector will likely be skilled over three years as a part of this funding.

There may be additionally a plan to deploy 20,000 of probably the most superior graphics processing models on the information facilities positioned within the Swedish cities Sandviken, Gavle, and Staffanstorp.

Moreover, Microsoft is about to spend money on renewable vitality and has procured almost 1,000 MW of renewable vitality within the nation.

Ulf Kristersson, Prime Minister of Sweden, explains, “AI is a tech transformation that ought to be seen as a multiplier or catalyst … It’s a part of the technique going ahead when, after efficiently preventing inflation, we enter a brand new section, an funding section.”

This funding is a part of a higher dedication to spice up AI adoption throughout the Nordic area, together with Denmark, Finland, Iceland, and Norway.

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See also  Sentient AI Secures $1.5M Raise, Prepares AI Agent Launchpad on Sui
TAGGED: cloud, IceNews, infrastructure, Investment, Microsoft, Swedish
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