
Microsoft, Google to Invest Over $16 Billion to Expand AI Infrastructure in Europe -- Update

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Microsoft and Google announced plans to invest over $16 billion to enhance AI infrastructure in Europe. Microsoft will allocate more than $10 billion for a data center in Portugal, collaborating with Nvidia and others, while Google will invest €5.5 billion ($6.36 billion) in Germany through 2029. These investments reflect a growing trend among U.S. tech companies to expand AI capabilities overseas, following the surge in demand for AI services since the launch of ChatGPT. Despite these commitments, AI investments in Europe remain significantly lower than those in the U.S.

