Part of the Choose France summit hosted by president Emmanuel Macron, the investment commitments will significantly enhance AI infrastructure in the country. : France bags billions from Amazon and Microsoft in AI investment
France's AI ambitions are getting a boost with Microsoft's €4 billion investment in new data centers, AI training, and support for startups. This commitment aims to position France as a leader in AI.
Microsoft today announced that it is investing $3.3B in cloud computing and AI infrastructure in Wisconsin. Microsoft is also planning to create a manufacturing-focused AI co-innovation lab, and an AI skilling initiative to equip more than 100,000 Wisconsin residents with essential AI skills. Cloud and AI Infrastructure: AI Co-Innovation Lab: Microsoft will create country’s first […]
Microsoft pours yet another billion for AI in the EU. This time, it's France that's getting a $4 billion investment for cloud & AI.
Alphabet-owned Google will invest a further 1 billion euros ($1.1 billion) into the expansion of its data centre campus in Finland to drive its artificial intelligence (AI) business growth in Europe, it said in a statement on Monday. In recent years, many data centres have been located in the Nordic countries because of the region's cooler climate, tax breaks and abundant availability of renewable power. Finland's Nordic neighbours Sweden and Norway have recently grown increasingly critical of...
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding
Just over a month after leaving Google and joining Microsoft, Mustafa Suleyman took to X (formerly Twitter) to share his learnings of working at the software giant and admitted that it had been one of the most exciting and fulfilling times he had experienced.
The government’s $1.7 billion investment in a Future Made In Australia Innovation Fund will give a “significant” boost to the development of Sustainable Aviation Fuel (SAF) in Australia, James Goodwin CEO at the Australian Airports Association (AAA) told Travel Weekly.
Elon Musk has suggested switching consumer desktops to Linux in response to a new AI feature in Microsoft's Windows that continuously captures and processes screenshots for enhanced recall. read more
The R&D World Index (RDWI) for the week ending May 10, 2024, closed at 3,563.72 for the 25 companies in the RDWI. The Index was up 1.51% (or 52.86 basis points). Eighteen RDWI members gained value last week from 0.18% (Stellantis NV) to 5.34% (Meta Platforms). Seven RDWI members lost value the previous week from…
Microsoft eyed France as the site of its next major investment in cloud and AI, with vice chair and president Brad Smith telling Le Figaro the software giant plans to pump €4 billion into its operations in the nation.
Careers site Indeed says it will lay off roughly 1,000 employees as it looks to simplify its organization.In a memo released publicly on Monday, CEO Chris Hyams took responsibility for "how we got here," but said the company is not yet set up for growth after last year's global slowdown in hiring caused multiple quarters of declining sales.Unlike last year's across-the-board reduction of 2,200 workers, Hyams said the latest cuts will be more concentrated in the US and primarily affect R&D and...