Microsoft to Invest 3.2 Billion USD in Sweden for AI and Cloud Computing

TapTechNews June 3rd, according to Bloomberg, Microsoft Corporation today announced plans to invest 3.2 billion US dollars (TapTechNews note: currently about 23.232 billion Chinese yuan) in Sweden to build artificial intelligence and cloud computing facilities, which is the largest infrastructure investment by Microsoft in the Nordic region to date.

Microsoft will add 20,000 GPUs to its three data centers to solidify its influence and commit to providing basic AI skills training for 250,000 people. Brad Smith, vice chairman and president of Microsoft, said in an interview: This huge investment reflects our belief that Sweden can benefit from AI. Sweden is one of the most innovative countries on the European continent. He also added that only through AI can Sweden maintain its leading position.

The report mentioned that the Nordic region has abundant clean energy, so it has become the preferred target of many major energy consumers. Meta and Google have both built large-scale infrastructure in the Nordic region. It is expected that within the next ten years, several large green projects will at least double the local power demand.

When asked by Brad Smith, the vice chairman of Microsoft, how to deal with the risk of power shortage, he said that while the company is investing in data centers, it is also placing a big bet on renewable energy - signing a contract with the local state-owned power company and purchasing nearly 1 gigawatt of electricity.