Microsoft to Invest €4 Billion in French Cloud and AI Services
- Company made recent investments in Germany, UAE’s G42
- Announcement is part of France’s ‘Choose France’ Summit
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Microsoft Corp. plans to spend €4 billion ($4.3 billion) building cloud and AI infrastructure in France, announcing its latest major outlay on artificial intelligence technology.
The US firm aims to help train a million people and support 2,500 startups by 2027 in the European country, it said in a statement. Earlier this year, Microsoft unveiled a partnership and €15 million investment into Mistral AI, a Parisian startup competing with OpenAI.