Microsoft has declared an ambitious investment plan worth €3.2 billion in Germany, emphasizing the expansion of artificial intelligence (AI) infrastructure and skill training. During a Berlin event on February 15, Brad Smith, the company’s president, outlined the commitment to AI and cloud technology advancements in Germany. This capital injection marks Microsoft’s most substantial financial engagement in the country in four decades.
Investing in Technological Capacity
The investment strategy includes the establishment of new data centers and initiatives focused on enhancing AI competencies among the workforce. This investment comes at a time when Europe is increasingly attracting tech giants. On the same day, France’s Ministry of Economy and Digital Sovereignty revealed Google’s plan to set up an AI research hub in Paris, designed to employ about 300 specialists. Google’s initiative follows its promise to contribute €25 million towards Europeans’ AI skill training, announced earlier in the month.
Europe’s AI Training Initiatives
In efforts to support local efforts, Google has pledged to work with EU governments, academia, and businesses to provide AI training, with a budget of €10 million dedicated to this cause. Similarly, the Italian government announced in 2023 an investment plan to develop the digital skills of workers facing job risks due to automation and AI technologies.
These substantial investments in AI by leading tech companies are occurring alongside the impending European Union’s Artificial Intelligence Act. European Parliament members are setting the stage for legislation that will regulate AI development and application, with a preliminary agreement approved on February 13 and a parliamentary vote anticipated in April. The AI Act aims to position the EU as a leader in ethical AI governance, following China’s introduction of technology guidelines in August 2023.