CNBC May 13, 2024
Key Points
– Microsoft says it is committing 4 billion euros ($4.3 billion) toward expanding its cloud and AI infrastructure in France, in addition to funding AI skilling and support for France’s technology industry.
– As part of its investment, Microsoft said it plans to bring up to 25,000 graphics chips to France by the end of 2025, as well as open up a new data center in the French city of Mulhouse.
– Amazon, meanwhile, made a commitment to invest 1.2 billion euros ($1.3 billion) in France, which will go toward creating more than 3,000 jobs and increasing Amazon’s footprint in the country.
Microsoft and Amazon are ploughing billions of dollars into France.
Microsoft said in a statement Monday...