German chancellor welcomes Microsoft’s $3.5 billion AI investment in Germany

Federal Chancellor Olaf Scholz, right, and Vice Chair and President of Microsoft Corporation Brad Smith arrive in Berlin, `Thursday, Feb. 15, 2024, for a press conference held by Microsoft Deutschland GmbH on the company’s investments in the AI sector in Germany. Chancellor Olaf Scholz welcomed an announcement by Microsoft on Thursday that it would invest more than 3.2 billion euros ($3.4 billion) in Germany over the next two years to massively expand its data center capacities for applications in the field of artificial intelligence and cloud computing. (Kay Nietfeld/dpa via AP)