Microsoft will make investments nearly 2,000 million in Spain in two years with new knowledge facilities in Madrid and Aragón | EUROtoday

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Microsoft spend money on Spain 2.1 billion {dollars} (nearly 2,000 million euros on the present change price) over the subsequent two years to help the expansion of synthetic intelligence and open knowledge facilities in Madrid and Aragon.

The announcement means multiplying by 4 the funding deliberate for Spain to ranges by no means seen within the historical past of the corporate and comes after a gathering in Moncloa of the president of the corporate, Brad Smithwith the President of the Government, Pedro Sánchez and the Minister of Digital Transformation, Jose Luis Escriv.

The firm will open its subsequent area cloud within the nation quickly in Madrid and is in a candy second after reaching three billion European capitalization and surpassing Apple as probably the most invaluable firm on the earth, due to the increase of synthetic intelligence.

At the time of asserting its cloud area, Microsoft commissioned the consulting agency IDC Research with a report that raised as much as 8.4 billion euros the potential affect on nationwide GDP of the creation of those knowledge facilities.

During the assembly, varied collaboration agreements between the Government of Spain and Microsoft had been additionally analyzed within the area of synthetic intelligence to broaden its use in Public Administration, with generative synthetic intelligence options and coaching plans for officers, by of the Ministry for Digital Transformation and Public Service. In addition, it has additionally signed a collaboration settlement in a number of fields: from the dissemination of the makes use of of Generative AI and quantum computing and in issues of cybersecurity.

In this final side, the settlement will translate into better collaboration with the CNI Cryptological Center and the National Cybersecurity Institute (INCIBE) to see the right way to enhance the Administration's early warning and response mechanisms to laptop safety incidents, a measure that comes after totally different businesses of the Administration have been affected by a number of cyberattacks which have prevented operations in entities such because the SEPE and the CSIC.

INVESTMENTS IN EUROPE

Spain will not be the one European nation through which Microsoft has dedicated a billion-dollar funding in current weeks. Smith was in final week Germanythe place I additionally promote the most important funding within the historical past of the corporate within the nation: 3.2 billion euros.

In the case of the EU's largest financial system, the funding will search to double the info middle infrastructure and synthetic intelligence capabilities, with an formidable plan to coach 1.2 million folks on this know-how by the tip of 2025.

Microsoft should scale its knowledge processing infrastructure to reply to the challenges posed by the elevated computing demand that might be generated by the popularization of Generative AI, through which the corporate performs a key position as the primary ChatGPT associate.

In November, Smith I additionally introduced an funding from 2.5 billion kilos (greater than 2.9 billion euros) within the United Kingdom to broaden its new knowledge facilities and set up greater than 20,000 new era processors on the islands till 2026.


https://www.elmundo.es/economia/empresas/2024/02/19/65d3919ce4d4d852388b45b7.html