HT TECH wants to start sending you push notifications. Click allow to subscribe

Microsoft, Amazon to invest billions in French tech

Microsoft and Amazon announce multi-billion euro investments in data centers in France, with a focus on AI and cloud computing infrastructure.

By: AFP
Updated on: May 13 2024, 07:23 IST
Microsoft's president Brad Smith announces the tech giant's largest-ever investment in France for AI and cloud computing infrastructure. (REUTERS)

Microsoft on Sunday announced four billion euros in investment for developing data centres in France, joining fellow US giant Amazon in committing to the country's tech infrastructure.

The announcements came on the eve of the seventh Choose France Summit, the aim of which is to attract foreign investors to the country. Macron will host it at the Chateau of Versailles near Paris.

You may be interested in

Mobiles Tablets Laptops
7% OFF
Apple iPhone 15 Pro Max
  • Black Titanium
  • 8 GB RAM
  • 256 GB Storage
₹148,900₹159,900
Buy now
4% OFF
Samsung Galaxy S24 Ultra
  • Titanium Black
  • 12 GB RAM
  • 256 GB Storage
₹129,999₹134,999
Buy now
Vivo X100 Pro 5G
  • Asteroid Black
  • 16 GB RAM
  • 512 GB Storage
₹89,999
Check details
13% OFF
Xiaomi 14
  • Matte Black
  • 12 GB RAM
  • 512 GB Storage
₹69,999₹79,999
Buy now
Acer Swift Go SFG14 41 NX KG3SI 002 Laptop
  • Pure Silver
  • 8 GB RAM
  • 512 GB SSD
₹54,990
Check details
Acer Aspire 5 A515 57G Laptop Core I5 12th Gen 16 GB 512 GB SSD Windows 11 UN K9TSI 002
  • Gray
  • 16 GB RAM
  • 512 GB SSD
₹54,990
Check details
Acer Aspire 3 A315 24 NX KDESI 004 Laptop
  • Silver
  • 8 GB RAM
  • 512 GB SSD
₹32,790
Check details
Asus VivoBook 15 X515JA BQ322WS Laptop
  • Transparent Silver
  • 8 GB RAM
  • 512 GB SSD
₹32,200
Check details
33% OFF
Xiaomi Pad 6
  • Mist Blue
  • 6 GB RAM
  • 128 GB Storage
₹26,999₹39,999
Buy now
38% OFF
Lenovo Tab M10 5G
  • Abyss Blue
  • 6 GB RAM
  • 128 GB Storage
₹20,999₹34,000
Buy now
28% OFF
Realme Pad 2
  • Imagination Grey
  • 6 GB RAM
  • 128 GB Storage
₹17,999₹24,999
Buy now
Honor Pad X9
  • Gray
  • 4 GB RAM
  • 128 GB Storage
₹16,999
Check details

Microsoft's president Brad Smith told AFP the move to strengthen its artificial intelligence and cloud computing infrastructure was the tech giant's biggest-ever investment in France since its arrival 41 years ago.

Also read: Looking for a smartphone? To check mobile finder click here.

France's "longstanding commitment to carbon-free energy markets" and its status as a "critical leader" in Europe explained the decision, Smith said.

A new data centre will be created in eastern France, while existing sites in the Paris region and the southern city of Marseille will be expanded.

E-commerce behemoth Amazon will invest more than 1.2 billion euros in France, creating more than 3,000 jobs, French President Emmanuel Macron's office said earlier on Sunday.

The money will help develop Amazon Web Services' (AWS) cloud infrastructure, mainly generative artificial intelligence, and the logistical infrastructure of its parcel delivery service, a statement added.

Amazon did not respond to approaches by AFP on Sunday, having recently said it did not want to make any comment ahead of a possible announcement that would be made at the event.

The US company has already announced the creation of 2,000 new jobs in France in 2024, which would bring its staff workforce in the country up to 24,000 by the end of the year, mainly in its logistics centres.

AWS is a key subsidiary of the group, having made $25 billion worldwide in the first quarter, capitalising on the growing appetite among businesses for remote computer and artificial intelligence services.

As Choose France prepared to get under way, several pharmaceutical groups, including US group Pfizer and Britain's AstraZeneca, announced on Sunday commitments to invest more than a billion euros more in France's health sector.

The largest industrial project announced so far is a potential fertiliser factory, which could significantly reduce carbon dioxide emissions.

European consortium FertigHy is to announce it is looking at investing 1.3 billion euros ($1.4 billion) into a factory in the Somme region in northern France, Industry Minister Roland Lescure told France's La Tribune Dimanche newspaper.

One more thing! We are now on WhatsApp Channels! Follow us there so you never miss any updates from the world of technology. ‎To follow the HT Tech channel on WhatsApp, click here to join now!

Catch all the Latest Tech News, Mobile News, Laptop News, Gaming news, Wearables News , How To News, also keep up with us on ,Twitter, Facebook, , and Instagram. For our latest videos, subscribe to our YouTube channel.

First Published Date: 13 May, 07:23 IST
NEXT ARTICLE BEGINS