Microsoft Commits $2.1 Billion to AI and Cloud Expansion in Spain

Over the next two years, Microsoft will increase its investment in artificial intelligence and cloud infrastructure in Spain by $2.1 billion, according to the company’s president, Brad Smith.

I’m thrilled to announce that we will expand our AI and cloud infrastructure in Spain by $2.1B USD in the next two years. Our investment is beyond just building data centers, it’s a testament to our 37-year commitment to Spain, its security, and development and digital… https://t.co/arJnZzyDpc

— Brad Smith (@BradSmi) February 19, 2024

According to him, the investments go beyond merely building data centers and are a “testament to a 37-year commitment to Spain, its security, development, and the digital transformation of its government, businesses, and population.”

The country’s president, Pedro Sanchez, shared a photo from his meeting with Smith and thanked him for his confidence in the Spanish economy.

“Public-private sector collaboration is essential for successfully addressing the challenges of digital transformation,” he added.

This move by Microsoft follows shortly after the tech giant announced it would invest $3.44 billion in Germany’s AI industry over the next two years.

Back in late January, the Federal Trade Commission initiated an investigation into Microsoft, OpenAI, Amazon, Anthropic, and Alphabet regarding “investments and partnerships” in the field of generative artificial intelligence.