Microsoft Corp. will spend $10 billion on an artificial intelligence data center along the Portuguese coast, marking one of its largest European investments this year, the company said.
The amount is planned for a data center park in Sines, about 150 kilometers (93 miles) south of Lisbon, that Microsoft is building out with Start Campus, a Portuguese developer, and British startup Nscale. Microsoft President Brad Smith first shared the funding plans with local newspaper Jornal de Negócios at the Web Summit in the Portuguese capital.
