Finance

Microsoft announces ideas to invest $3.2 billion in Swedish AI — its premier-at any time infrastructure guess in the Nordic country

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Microsoft Corp programs to devote $3.2 billion in synthetic intelligence and cloud facilities in Sweden, its greatest-at any time infrastructure wager in the Nordic region drawing on the region’s loaded offer of eco-friendly electrical power.

The shift cements the tech-giant’s footprint in the country by incorporating 20,000 of GPUs, or graphics processing units, at its 3 information centers. The organization is also committing to coaching 250,000 in “essential AI techniques,” in accordance to a statement on Monday.

“This huge financial investment demonstrates our belief in how a lot Sweden can benefit from AI,” Microsoft Vice Chair and President Brad Smith mentioned in an interview. He praised the nation as “one of the continent’s most ground breaking international locations,” even though adding that the nation will only continue being a chief if it employs AI.

The Nordic location has become a primary concentrate on for massive electricity customers many thanks to the abundance of thoroughly clean vitality, with hydropower dominating the electrical power mix. Fb-operator Meta Platforms Inc and Google-owner Alphabet Inc both of those have their have big services throughout the Nordics. 

Facts centers contend with other industries hunting to benefit from some of the least expensive electrical energy in the earth. A number of green mega-tasks are expected to more than double electrical power need in the coming decade. 

When requested about the chance of a looming power crunch, Microsoft’s Smith mentioned the corporation has coupled its info heart investments with large bets on renewable electricity. It has procured almost 1 gigawatt of electricity as effectively as signed a deal with condition-owned energy firm Vattenfall AB. 

“I do not imagine we could have produced an financial investment these kinds of as the one particular we have finished in Sweden with out a lover like Vattenfall,” Smith explained.

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