<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/microsoft-boosts-ai-and-cloud-infrastructure-in-europe-with-2-billion-investment/" data-wpel-link="internal">Microsoft Boosts AI and Cloud Infrastructure in Europe with $2 Billion Investment</a><br></p>
<p style="text-align: justify"><strong>Microsoft</strong> has taken a significant step to strengthen its artificial intelligence (AI) and cloud infrastructure in Europe. The company is continuing its investments in the region without slowing down, announcing a $2 billion investment for the development of AI infrastructure in Spain. Let’s note that this development is likely to impact AI coins. Let’s look into the details.</p> 
<h2 style="text-align: justify" id="microsoft-announces-investment-for-ai-sector">Microsoft Announces Investment for AI Sector</h2> 
<p style="text-align: justify">Following a meeting with Spanish Prime Minister Pedro Sánchez, Microsoft Vice President Brad Smith announced on social media platform X that the company will complete its investment in Spain within the next two years. This investment will not be limited to the construction of data centers. It will also contribute to the country’s security, development, and support for digital transformation.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-317595 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/02/yapay-zeka-coin-turk-com-.png" alt="" width="611" height="786"></p> 
<p style="text-align: justify">According to Smith, Microsoft’s investment in Spain is the result of a 37-year process. Last September, the company opened a new research and development center for AI technologies in Barcelona.</p> 
<p style="text-align: justify">This move follows Microsoft’s 3 billion Euro investment in AI in Germany. The company also announced it would invest funds to strengthen AI infrastructure, build new data centers, and educate people on AI skills in Germany.</p> 
<h2 style="text-align: justify" id="ai-sector-continues-to-expand">AI Sector Continues to Expand</h2> 
<p style="text-align: justify">These developments are taking place at a time when the European Union is advancing in implementing legislation on AI. Major <a href="https://newslinker.co/category/technology/" data-wpel-link="exclude">technology</a> companies are not overlooking the potential in the European AI sector, making serious investments.</p> 
<p style="text-align: justify">In addition to Microsoft’s initiative, Google’s planned AI specialty center in Paris and its AI Opportunity Initiative for Europe, which will invest in skill training for Europeans in the sector, seem set to further boost the potential in the region.</p> 
<h2 style="text-align: justify" id="developments-reflect-on-ai-coin-prices">Developments Reflect on AI Coin Prices</h2> 
<p style="text-align: justify">At this stage, the AI field has become a sub-unit of the cryptocurrency sector. In this context, the term crypto-AI now refers to AI coins. Developments in the AI field worldwide are now directly reflecting on AI coin prices.</p> 
<p style="text-align: justify">Recently, particularly after OpenAI’s market value doubled to $80 billion in just ten months, significant increases were observed in AI coin prices. In this context, Worldcoin saw a price increase from $2.50 to $8 in a short period.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/microsoft-boosts-ai-and-cloud-infrastructure-in-europe-with-2-billion-investment/" data-wpel-link="internal">Microsoft Boosts AI and Cloud Infrastructure in Europe with $2 Billion Investment</a></h5>

Microsoft Boosts AI and Cloud Infrastructure in Europe with $2 Billion Investment

Indice dei contenuti

COINTURK NEWS

Altri articoli pubblicati su 21 feb 2024

Winklevoss twins give out $4.9m to Fairshake crypto lobbying group

Hong Kong Advances Crypto Regulation and Licensing

Will Ethereum (ETH) hit $3k mark & why have tons of Chainlink (LINK) investors bought into Kelexo...

Spot Bitcoin ETFs Set Record Trading Volumes

Bitcoin Price Tumbles Amid VanEck ETF’s Volume Surge: What Happend?

Market Surge Slow-Down Shows Traders Buy Pushd (PUSHD) New Marketplace from Ethereum (ETH) & Dai ...

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!