Rate of Oil and Gas Drilling Activities Drops in the United States
Microsoft To Invest USD 3.4 Billion On Artificial Intelligence In Germany
By Shubhendra Anand , 16 May, 2024
Artificial intelligence is enhancing the tech industry nowadays. In the past years, artificial intelligence has played a pivotal role in functioning cloud computing and other tech industry infrastructure. One of the bug techs, Microsoft, is investing USD 3.44 billion to build its cloud computing and artificial intelligence infrastructure in Germany for 2024.
According to survey reports, the investment in Germany's artificial intelligence infrastructure will start in the next two years. The survey suggests that Microsoft's primary focus on the cloud infrastructure region will be Frankfurt. However, the newly planned Microsoft infrastructure is based in North Rhine Westphalia. The International Monetary Fund recently published a report on artificial intelligence's role in the world's economy. Germany's economy is supposed to benefit from artificial intelligence to top the competitive chart globally in 2024.
Microsoft officials suggest that their company wants to enable Germany's economic condition to grow with artificial intelligence. With the help of artificial intelligence, Germany may put its financial condition in a specific position at the global level. Experts suggest that Microsoft invests in cloud computing and artificial intelligence to support various companies, from large corporations to small start-ups. Microsoft's investment in 2024 can also help run newly developed artificial intelligence models. Microsoft plans to equip companies with artificial intelligence as they depend heavily on technologies. Industries like manufacturing, automotive, healthcare, and others are heavily influenced by artificial intelligence. Hence, Microsoft's investments can change the industry's face in 2024.Investment in Artificial Intelligence to Grow By 2025
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Shubhendra Anand
Head Research
