FILE PHOTO: Microsoft logo is seen at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Bruna Casas/File Photo
MILAN (Reuters) - Investments into Italy's data centres will double to 10 billion euros ($10.3 billion) in the 2025-2026 period compared with the previous two years as technology heavyweights roll out spending plans, a research hub of Milan Polytechnic University said on Thursday.
The country however has to tackle potential power grid bottlenecks and high energy costs to support investments in the country, the report said, adding that access to cheap power has emerged as increasingly attractive for large cloud developers.
