Microsoft plans to spend about $4.75 billion over the next two years in cloud and artificial intelligence infrastructure in Italy, as global tech companies continue to boost their footprints overseas amid a boom in demand for AI computing.

Microsoft announced that it will invest €4.3bn in Italy to provide AI digital skills training to more than 1m Italians by 2025.

Microsoft is planning to invest approximately €4.3 billion ($4.75 billion) in cloud and AI infrastructure in Italy over the next two years.

In its largest investment in Italy to date, Microsoft has announced a €4.3 billion initiative in the next two years to expand its

Microsoft announced this week a $4.7 billion investment to expand its Italy’s hyperscale cloud and AI datacenter infrastructure.

Microsoft has committed to investing €4.3 billion ($4.75bn) in expanding its cloud and artificial intelligence (AI) data center infrastructure in Italy. According to the cloud giant, this is its largest investment in Italy to date.

Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its artificial intelligence (AI) and cloud infrastructure in northern Italy, it said on Wednesday. Microsoft said in a statement the investment would be the U.

Over the next two years, Microsoft will make $4.8 bln on AI by expanding cloud services in Northern Italy. The technology giant aims to strengthen its artificial intelligence (AI) and cloud infrastructure across northern Italy, establishing the region as a major data hub for the Mediterranean and North Africa.

Premier Giorgia Meloni received the President of Microsoft, Brad Smith, at Palazzo Chigi Wdnesday and hailed the major investment the US software giant is planning in Italy, a note from Palazzo Chigi said.

Microsoft said in a statement on Wednesday it would invest 4.3 billion euros ($4.75 billion) over the next two years to strengthen artificial intelligence (AI) infrastructure and cloud capacity in Italy.