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Microsoft, Amazon Invest Billions in France To Boost Their AI Presence

Financial Concepts

Definition

KEY TAKEAWAYS Microsoft will invest 4 billion euros ($4.32 billion) in building artificial intelligence (AI), data center, and cloud infrastructure in France.Amazon said it would invest EUR1.2 billion ($1.3 billion) to boost its AI presence and support the expansion of its logistics network to speed up deliveries.The investments come as both companies prioritize AI investments in the U.S. Microsof

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