A Vienna-based privacy group filed complaints against Meta in 11 European countries over unlawful AI data use. Microsoft announced a $3.2 billion AI investment in Sweden over two years, AMD unveiled new AI chips to challenge Nvidia, and Cisco plans a $1 billion investment in AI startups for secure AI services.
In a historic move, Microsoft has unveiled its largest investment in Sweden, marking a significant commitment to bolster the nation s cloud infrastructure and AI capabilities. The tech giant plans to invest a staggering 33.7 billion Swedish Kronor (approximately 3.5 billion USD) over the next two years, aiming to enhance Sweden s innovative edge, competitiveness, and resilience in the AI era.
Microsoft said Monday that 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. The group will train 250,000 people by 2027 to boost AI knowledge and competence and also increase capacity at its three…