FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, February 9, 2024. REUTERS/Gonzalo Fuentes/File Photo
STOCKHOLM (Reuters) -Microsoft will invest 33.7 billion Swedish crowns ($3.2 billion) to expand its cloud and artificial intelligence infrastructure in Sweden over a two-year period, it said on Monday.
The rising popularity of generative AI has fueled demand for cloud services, prompting companies including Microsoft and Amazon Web Services to invest billions of dollars to build data centres in Europe.
