Microsoft will invest $10 billion in a large AI data centre in Portugal. According to the American software company, this is one of the largest European investments this year.
The data centre will be located in Sines on the Portuguese coast, approximately 150 kilometres south of the capital, Lisbon. The development is being carried out in collaboration with a Portuguese and a British company.
Sines is a major investment hub in Portugal because the area is home to internet cables that connect Europe with Brazil and Africa. Google is also constructing an internet cable from Sines to the US state of South Carolina. A large battery factory is also being built in Sines by a Chinese company.
With the new data centre, Microsoft aims to meet the sharply rising demand for AI applications. The tech company is also making billions of dollars in AI infrastructure elsewhere in the world.
