Microsoft announces 4.3 bln euros investment for AI, cloud-based data centers in Italy

ROME, Oct. 3 (Xinhua) -- Microsoft has announced plans to invest 4.3 billion euros (4.74 billion U.S. dollars) in Italy to develop infrastructure for artificial intelligence (AI) and cloud-based data centers.

The announcement on Wednesday night came after a meeting in Rome between Italian Prime Minister Giorgia Meloni and visiting Microsoft President Brad Smith.

This investment, the largest ever for Micro