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Saturday 2nd of November 2024 E-paper
* Young generation will lead Bangladesh: Nahid Islam   * Chief Adviser urges Australia to increase regular migration from Bangladesh   * Severe Brahmaputra erosion leaves hundreds homeless in Kurigram   * US to assist Bangladesh to bring stolen money back: envoy   * 7 colleges to remain under DU with separate arrangement   * Students torch Jatiya Party HQ following attack on rally   * Israeli strikes kill 19 people including 8 women   * 91% budget hike for RNPP telecom project, less than 1% completion   * Australia launches plan to build long-range guided missiles   * Nur denies alliance between Gono Odhikar Parishad and BNP  
   Technology
  Microsoft to invest $3.2 bn in AI in Sweden

Technology Desk : Microsoft said Monday it would invest 33.7 billion kronor ($3.2 billion) over two years in cloud and artificial intelligence infrastructure in Sweden, its biggest investment in the country, reports AFP.

The group will train 250,000 people by 2027 to boost AI knowledge and competence and also increase capacity at its three data centres in the country, it said.

"Microsoft`s largest investment in our history in Sweden" would enable the Scandinivian country "to build world leading AI data centre infrastructure," the company`s president and vice chair Brad Smith told reporters at a joint press conference with Swedish Prime Minister Ulf Kristersson.

"A big part of the reason we`re able to do this is because of Sweden`s forward-looking energy policy, the plentiful access to green energy, whether it`s carbon free energy, or renewable energy," Smith said.

The US group has in recent months announced similar AI investments in other countries, including in France where it vowed to invest four billion euros and Japan where it announced a $2.9 billion AI push.

In Sweden, Microsoft will provide more than 20,000 graphic processing units (GPUs), needed for training AI models, and will boost capacity at its data centres in Sandviken, Gavle and Staffanstorp.

"AI is a catalyst for many things," Kristersson said.

"It will also help accelerate development in other areas. This huge investment in Sweden has the potential to pave the way for other investments," he said.



  
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