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Microsoft to invest 4 billion euros in France
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PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the annual ‘Choose France’
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the annual ‘Choose France’ business summit, its vice chair and president Brad Smith told Le Figaro paper.
Smith said much of this investment money would focus on the artificial intelligence (AI) sector and that Microsoft would set up a data centre in the French city of Mulhouse.
($1 = 0.9286 euros)
(Reporting by Sudip Kar-Gupta; Editing by Kim Coghill)
Artificial intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to think and learn like humans, enabling them to perform tasks such as problem-solving and decision-making.
A data center is a facility used to house computer systems and associated components, such as telecommunications and storage systems, which support the processing and storage of data.
Investment is the act of allocating resources, usually money, in order to generate income or profit. It can involve purchasing assets such as stocks, bonds, or real estate.
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