German Chancellor Olaf Scholz. (Image: AFP file)
“Not only are we probably the most successful export economy in the world in terms of the size of our country, but we are also a country that trades with the whole world, that invests everywhere, but also invests in our own country,” the German Chancellor mentioned
German Chancellor Olaf Scholz welcomed an announcement Thursday by Microsoft that it will make investments virtually 3.3 billion euros ($3.5 billion) in Germany over the following two years to massively broaden its knowledge middle capacities for functions in the sphere of synthetic intelligence and cloud computing.
“This is a really good commitment to progress, to growth, to modernity and to global openness as the basis for these opportunities,” he mentioned, including it was additionally linked to the “fact that Germany remains very determined to be an open economy.”
“Not only are we probably the most successful export economy in the world in terms of the size of our country, but we are also a country that trades with the whole world, that invests everywhere, but also invests in our own country,” he mentioned.
Microsoft President Brad Smith made the announcement in Berlin throughout a presentation with Scholz. The largest single funding in Microsoft’s 40-year historical past in Germany additionally contains an AI coaching program that goals to achieve as much as 1.2 million individuals, German information company dpa reported.
Microsoft is seeking to be near main prospects, such because the pharmaceutical firm Bayer AG and vitality firm RWE, in order to maintain knowledge latency between knowledge facilities and functions as little as doable. The central German state of Hesse can even profit from Microsoft’s investments.
