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Microsoft’s $3.2 Billion Nordic Bet: AI and Cloud Expansion Across Scandinavia

Daniel Kim Views  

Microsoft has been working to promote the adoption of AI not just in Sweden but across all of Northern Europe, including Denmark, Finland, Iceland, and Norway.

On the 3rd, Microsoft announced it would invest $3.2 billion over the next two years to expand its cloud and AI infrastructure.

Microsoft plans to deploy 20,000 of the latest graphics processing units at its data center sites in Sandviken, Gävle, and Staffanstorp in Sweden.

The company plans to use AI technology to educate 250,000 Swedes across organizations, schools, universities, the public sector, and society over the next three years.

Microsoft has invested in renewable energy and has secured nearly 1,000 MW of renewable energy in Sweden.

“You will see some other announcements, probably more in the fall,” said Microsoft CEO Brad Smith.

He added that the company will use Nvidia’s faster processors and may turn to semiconductors from AMD and, ultimately, some of its own chips.

With the growing popularity of generative AI, the demand for cloud services grows. Companies like Microsoft Corporation and Amazon.com, Inc. Web Services are investing billions of dollars to build European data centers.

Microsoft invested in UK data centers last November and Germany and Spain in February of this year.

The demand for high-end chips supporting these complex applications has surged due to the competition in developing generative AI programs.

Swedish Prime Minister Ulf Kristersson said, “AI is a technological change that should be seen as a multiplier or catalyst. AI will not only impact how we run companies but will also help to accelerate developments in a number of other areas of technology.”

Goldman Sachs sees the AI boom as nearly a $1 trillion opportunity in this sector, as tech companies invest in data centers to train large language models that consume power.

Daniel Kim
content@viewusglobal.com

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