PYMNTS.com October 2, 2024
Microsoft announced Wednesday (Oct. 2) plans for a €4.3 billion ($4.8 billion) investment in Italy, its biggest investment in the country so far.
The initiative is set to roll out over the next two years, allowing the Big Tech company to expand its cloud and artificial intelligence (AI) data center infrastructure while providing digital skills training to more than 1 million Italians by the end of next year, Microsoft said in a news release.
“Microsoft’s data center expansion in Northern Italy coupled with its commitment to provide extensive AI skills training supports the rising demand for AI compute and cloud services across Italy as organizations look to boost productivity and uncover new breakthroughs with AI,” the company said.
“This landmark...
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