Microsoft and Amazon with billion investments in France

Microsoft is to speculate 4 billion euros, or near NOK 47 billion, to develop knowledge facilities in France. The facilities will strengthen the corporate’s funding in synthetic intelligence and cloud storage, the American knowledge big introduced on Sunday.

Microsoft president Brad Smith tells the AFP information company that it’s the firm’s largest funding ever in France. Microsoft entered the French market 41 years in the past.

– France’s long-standing dedication to carbon-free vitality markets, in addition to the nation’s standing as an vital chief in Europe, explains our determination, says Smith.

A lot of the vitality provide in France relies on nuclear energy, which accounts for round 70 % of consumption. Hydropower accounts for round 10 %.

A brand new knowledge middle is to be established in jap France, whereas present knowledge facilities within the Paris area and in Marseille are to be expanded.

Earlier on Sunday, Amazon introduced an funding of over 1.2 billion euros, or NOK 14 billion, in France. The Amazon enterprise will create over 3,000 new jobs, based on an announcement. The corporate will put money into the event of cloud storage, synthetic intelligence and logistics infrastructure for parcel supply companies.

Microsoft can also be investing closely in Asia. On the finish of April, the corporate introduced that it’ll make investments 1.7 billion {dollars}, an quantity that corresponds to over 18 billion kroner, in synthetic intelligence and cloud storage in Indonesia.