Microsoft to invest $4.8B in Italy for AI, cloud infrastructure

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3 months ago
Facade of the French headquarters of Microsoft, Issy-les-Moulineaux, France

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  • Microsoft (NASDAQ:MSFT) said on Wednesday that it will invest $4.75B, or 4.3B euros over the next two years to boost its capacity for artificial intelligence infrastructure and cloud capacity in Italy.
  • Microsoft shares fell 0.6% in late morning trading.
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