Microsoft to invest $3.2 bn in AI in Sweden

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 33 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 94%

Artificial Intelligence News

Microsoft,Sweden

Microsoft said Monday that it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastruc

Microsoft said Monday that it would invest 33.7 billion kronor over two years in cloud and artificial intelligence infrastruc

“A big part of the reason we’re able to do this is because of Sweden’s forward-looking energy policy, the plentiful access to green energy, whether it’s carbon-free energy or renewable energy,” Smith said. Data centres, which crunch and stock vast amounts of data, require large amounts of electricity and water, accounting for about two percent of global electricity consumption, according to a study by the HEC Montreal business school.

Italian Prime Minister Georgia Meloni is due this week to travel to Albania for a visit focusing on migration, just days before the European Parliament elections, Albanian media said on Monday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in Aİ

Ai Ai Latest News, Ai Ai Headlines