José M. Rodríguez Silva
Updated Monday, February 19, 2024-18:36
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Microsoft will invest
2.1 billion dollars
in Spain
(almost 2 billion euros at the current exchange rate) over the next two years to support the growth of artificial intelligence and open data centers in Madrid and Aragon.
The announcement means multiplying by four the investment planned for Spain to levels never seen in the history of the company and comes after a meeting in Moncloa of the president of the company,
Brad Smith
, with the president of the Government,
Pedro Sánchez
and the minister of Digital Transformation,
José Luis Escrivá
.
The company will open its next cloud region in the country soon and is in a sweet moment after reaching three billion European capitalization thanks to the boost of artificial intelligence.
During the meeting, various collaboration agreements between the Government of Spain and Microsoft were also analyzed in the field of artificial intelligence to expand its use in Public Administration, with generative artificial intelligence solutions and training plans for officials, through of the Ministry for Digital Transformation and Public Service.
INVESTMENT IN GERMANY
Spain is not the only European country in which Microsoft has committed a billion-dollar investment in recent weeks. Smith was in
Germany
last week
, where he announced
the largest investment in the company's history in the country: 3.2 billion euros
.
In the case of the EU's largest economy, the investment will seek to double the data center infrastructure and artificial intelligence capabilities, with an ambitious plan to train 1.2 million people in this technology until the end of 2025.