Microsoft to pump €3.2B into German AI technologies

Microsoft will invest €3.2bn in AI tech in Germany over the next two years, the firm’s vice chair Brad Smith announced today. The investment will see the doubling of Microsoft’s AI and data centre infrastructure capacity in Germany, said Smith. It marks the largest single investment in Microsoft’s 40-year history in the EU country.  German Chancellor Olaf Scholz welcomed the move, noting that it signifies a vote of confidence for Europe’s largest economy.