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 has announced a €4.3bn ($4.75bn) investment to expand its hyperscale cloud and AI data centre infrastructure in Italy over the next two years. This initiative is claimed to be the company's largest in Italy to date.

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

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 has announced plans to invest €4.3 billion over the next two years in Italy to expand its cloud and AI infrastructure. As part of the initiative, Microsoft will also train over 1 million Italians in digital skills by 2025, aiming to support economic growth and tackle demographic challenges.

MICROSOFT plans to invest 4.3 billion euros (S$6.1 billion) over the next two years to strengthen its artificial intelligence (AI) and cloud infrastructure in northern Italy, it said on Wednesday (Oct 2).

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.

Microsoft announced on Wednesday that it would be strengthening its artificial intelligence (AI) and cloud infrastructure in northern Italy by investing 4.3 billion euros ($4.8 billion) over the next two years.

MILAN (Reuters) -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.

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.