Close Menu
    Facebook X (Twitter) Instagram
    Facebook Instagram YouTube
    Crypto Go Lore News
    Subscribe
    Monday, June 9
    • Home
    • Market Analysis
    • Latest
      • Bitcoin News
      • Ethereum News
      • Altcoin News
      • Blockchain News
      • NFT News
      • Market Analysis
      • Mining News
      • Technology
      • Videos
    • Trending Cryptos
    • AI News
    • Market Cap List
    • Mining
    • Trading
    • Contact
    Crypto Go Lore News
    Home»AI News»Microsoft is quadrupling its AI and cloud investment in Spain
    AI News

    Microsoft is quadrupling its AI and cloud investment in Spain

    CryptoExpertBy CryptoExpertFebruary 22, 2024No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Microsoft is quadrupling its AI and cloud investment in Spain
    Share
    Facebook Twitter Pinterest Email Copy Link
    Blockonomics


    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.

    Tokenmetrics

    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:

    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.

    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).

    Strengthening national cybersecurity: Collaboration with the National Cryptological Center (CNI) aims to enhance early warning mechanisms and response to cybersecurity incidents in public administrations.

    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

    itrust
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    CryptoExpert
    • Website

    Related Posts

    AI News

    Learn CSS Easily with AI _ Step-by-Step Guide for Beginners _ai _aitools _css _aicoding#viral#shorts

    June 8, 2025
    AI News

    Privacy is the most fundamental aspect of human rights! #ai #ainews #chatgpt #openai #technews

    June 7, 2025
    AI News

    Test your AI knowledge | Fun AI Quiz for beginners & Developers

    June 6, 2025
    AI News

    Struggling with One Part? Let AI Guide You, Not Replace You #ai #shorts #homework

    June 5, 2025
    AI News

    Nude photo dikhai parliament me #news #nude #ai #parliament #newsupdate #foryou #shortsvideo #short

    June 4, 2025
    AI News

    Top 10 AI Tools in 2025 🔥 | Life-Changing Tools for Beginners | AI Use at 55 Story

    June 3, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Recommended
    Editors Picks

    Cetus Relaunches After $200 Million May Hack

    June 9, 2025

    Over 60% of Pump.fun wallets lost money: report

    June 9, 2025

    Circle rejected Ripple’s $5 billion buyout — now valued at over $20 billion after NYSE debut

    June 8, 2025

    Bitcoin at $104K, but falling MVRV ratio hints at short-term correction

    June 8, 2025
    Latest Posts

    We are a leading platform dedicated to delivering authoritative insights, news, and resources on cryptocurrencies and blockchain technology. At Crypto Go Lore News, our mission is to empower individuals and businesses with reliable, actionable, and up-to-date information about the cryptocurrency ecosystem. We aim to bridge the gap between complex blockchain technology and practical understanding, fostering a more informed global community.

    Latest Posts

    Cetus Relaunches After $200 Million May Hack

    June 9, 2025

    Over 60% of Pump.fun wallets lost money: report

    June 9, 2025

    Circle rejected Ripple’s $5 billion buyout — now valued at over $20 billion after NYSE debut

    June 8, 2025
    Newsletter

    Subscribe to Updates

    Get the latest Crypto news from Crypto Golore News about crypto around the world.

    Facebook Instagram YouTube
    • Contact
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    © 2025 CryptoGoLoreNews. All rights reserved by CryptoGoLoreNews.

    Type above and press Enter to search. Press Esc to cancel.

    bitcoin
    Bitcoin (BTC) $ 105,475.26
    ethereum
    Ethereum (ETH) $ 2,486.68
    tether
    Tether (USDT) $ 1.00
    xrp
    XRP (XRP) $ 2.23
    bnb
    BNB (BNB) $ 649.28
    solana
    Solana (SOL) $ 150.27
    usd-coin
    USDC (USDC) $ 1.00
    dogecoin
    Dogecoin (DOGE) $ 0.181198
    tron
    TRON (TRX) $ 0.284923
    cardano
    Cardano (ADA) $ 0.6594