From France 24: 2024-04-25 21:25:09

Microsoft has invested nearly $10 billion in artificial intelligence overseas to secure its position in the market. OpenAI’s success with ChatGPT has spurred competition among tech giants like Google, Meta, and Amazon in generative AI. Microsoft’s AI investments are projected to generate an additional $25-30 billion annually by 2025. The company’s “iPhone Moment” is marked by its Copilot AI tools and accelerated adoption of generative AI. Microsoft’s overseas investments include $3.4 billion in Germany, $2.1 billion in Spain, and $2.9 billion in Japan, part of a larger strategy to build AI-ready data centers and train millions of people in AI. Microsoft has expanded its AI partnerships beyond OpenAI, investing in French startup Mistral and AI company G42 in the UAE. Different models of AI are recognized for different needs, leading to diverse offerings from cloud companies like Microsoft. Microsoft’s approach to AI is to “take bets” and invest in various strategies to drive innovation and growth in this competitive space.



Read more at France 24: Microsoft expands its AI empire abroad