Saturday, July 19, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Microsoft is quadrupling its AI investment in Spain

Simon Osuji by Simon Osuji
February 21, 2024
in Artificial Intelligence
0
Microsoft is quadrupling its AI investment in Spain
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Microsoft has announced plans to significantly boost its investment in AI and cloud infrastructure in Spain, with a commitment to quadruple its spending during 2024-2025 to reach $2.1 billion. This substantial increase marks the largest investment by Microsoft in Spain since its establishment in the country 37 years ago.

The tech giant is set to unveil new data centres in Madrid and has outlined its intention to construct additional centres in Aragon, catering to European companies and public entities. The increased European infrastructure aims to deliver Microsoft’s cloud services with heightened security, privacy, and data sovereignty measures, facilitating access to the company’s full suite of AI solutions for businesses and public administrations in the region.

According to an analysis by IDC, these new Microsoft data centres have the potential to contribute €8.4 billion to the national GDP and help to generate 69,000 jobs from 2026 to 2030.

The commitment to investment aligns with a collaborative agreement forged between the President of the Government, Pedro Sánchez, and Microsoft President Brad Smith. Under this collaboration, Microsoft and the Government of Spain will collaborate on various initiatives aimed at advancing responsible AI, enhancing citizen services, and bolstering national cybersecurity and resilience across Spanish companies, public bodies, and critical infrastructures.

I’m thrilled to announce that we will expand our AI and cloud infrastructure in Spain by $2.1B USD in the next two years. Our investment is beyond just building data centers, it’s a testament to our 37-year commitment to Spain, its security, and development and digital… https://t.co/arJnZzyDpc

— Brad Smith (@BradSmi) February 19, 2024

This partnership operates within the framework of the National Strategy for Artificial Intelligence and the National Cybersecurity Strategy outlined by the Spanish government. It revolves around four key action points:

  1. Extension of AI in public administration: Efforts will be directed towards modernising administrative processes and equipping officials with AI tools to boost efficiency. This includes deploying generative AI solutions and implementing AI training plans for officials.
  1. Promotion of responsible AI: Microsoft will share its responsible AI design standards, along with implementation guides and best practices documentation, with the Spanish Agency for the Supervision of Artificial Intelligence (AESIA).
  1. Strengthening national cybersecurity: Collaboration with the National Cryptological Center (CNI) aims to enhance early warning mechanisms and response to cybersecurity incidents in public administrations.
  1. Improving cyber-resilience of companies: Microsoft will collaborate with the National Institute of Cybersecurity (INCIBE) to enhance the cybersecurity posture of Spanish companies, particularly SMEs, by providing access to threat intelligence and conducting joint outreach initiatives.

Microsoft’s increased investment underscores its commitment to advancing technological innovation in Spain while fostering a secure and responsible digital ecosystem.

(Photo by engin akyurt on Unsplash)

See also: Wipro and IBM collaborate to propel enterprise AI

Want to learn more about AI and big data from industry leaders? Check out AI & Big Data Expo taking place in Amsterdam, California, and London. The comprehensive event is co-located with other leading events including BlockX, Digital Transformation Week, and Cyber Security & Cloud Expo.

Explore other upcoming enterprise technology events and webinars powered by TechForge here.

Tags: ai, artificial intelligence, cloud, europe, infrastructure, microsoft, spain





Source link

Related posts

Automakers Are Canceling Plans for New EVs. Here’s a List of What’s Been Killed So Far

Automakers Are Canceling Plans for New EVs. Here’s a List of What’s Been Killed So Far

July 19, 2025
AI is now part of our world. University graduates should know how to use it responsibly

AI is now part of our world. University graduates should know how to use it responsibly

July 19, 2025
Previous Post

Warren Buffett Invests Nearly 50% of His Portfolio in Only 1 Stock

Next Post

South Sudan: some spoilers want peace to fail, putting 2024 elections at risk

Next Post
South Sudan: some spoilers want peace to fail, putting 2024 elections at risk

South Sudan: some spoilers want peace to fail, putting 2024 elections at risk

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

US Army Trials New CBRN Sensor on M1135 Stryker Recon Vehicle

US to Co-Produce Stryker Armored Vehicle with India

2 years ago
Nigeria to launch four satellites for Earth observation, security – EnviroNews

Nigeria to launch four satellites for Earth observation, security – EnviroNews

2 months ago
AfDB Predicts Stronger Growth for the African Economy in 2025

AfDB Predicts Stronger Growth for the African Economy in 2025

5 months ago
The Fullerton Ocean Park Hotel Teams Up With Inter Miami CF To Realise Dreams for Wish Kids, Specially Abled Athletes and the Inclusive Community

The Fullerton Ocean Park Hotel Teams Up With Inter Miami CF To Realise Dreams for Wish Kids, Specially Abled Athletes and the Inclusive Community

1 year ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Tanzania’s natural gas sector goes global with Dubai deal

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.