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Euronews

Joana Mourão Carvalho

Microsoft to invest more than $10 billion in AI infrastructure in Portugal

Microsoft Portugal Brad Smith Europe

Microsoft plans to invest $10 billion dollars (more than €8.6 billion) in Portugal to expand its artificial intelligence (AI) infrastructure.

Brad Smith, Microsoft's president, said during the Web Summit in Lisbon that the investment will make Portugal a front-runner in Europe in the installation of AI gigafactories.

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