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Microsoft to invest more than $10 billion in Portugal amid AI push
The investment could help Portugal shore up a data centre hub in Sines. Microsoft plans to invest $10 billion dollars (more than €8.6 billion) in Portugal to expand its artificial intelligence (AI) infrastructure. Brad Smith, Microsoft's president, said during the Web Summit in Lisbon that the
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Microsoft, Google reveal $16bn-plus European AI data centre deals
Microsoft revealed its $10bn AI infrastructure plans in Portugal, while Google said it will invest $6.3bn in Germany. Tech giants globally are ramping up data centre investments to fuel their growing AI needs, with a McKinsey report estimating that data centres worldwide need around $6.7trn by
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Microsoft plans to invest $10 billion in Portuguese AI data hub
Microsoft will invest $10 billion in an AI data-centre project in Sines, Portugal, deploying 12,600 Nvidia GPUs with partners Start Campus, Nscale and Nvidia. The move strengthens Europe's AI infrastructure as data-centre and cloud demand accelerates globally. Microsoft plans to invest $10 billion
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Microsoft Doubles Down On AI, Invests $10B Portugal Data Center - Microsoft (NASDAQ:MSFT)
Microsoft Corp (NASDAQ:MSFT) committed $10 billion to build an artificial intelligence data center along Portugal's coast. The company is developing the data center park in Sines -- about 150 kilometers (93 miles) south of Lisbon -- in partnership with Portuguese developer Start Campus and British
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Microsoft plans to invest US$10 billion in Portuguese AI data hub
LISBON -- Microsoft plans to invest US$10 billion in artificial intelligence infrastructure at a data center in Portugal's port city of Sines over the next few years, marking one of the largest AI investment projects in Europe, it said on Tuesday. The technology giant will work in partnership with
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How a quiet Portuguese port town became Microsoft's AI launchpad By Invezz
Invezz.com - Microsoft is investing $10 billion to transform Sines, a quiet port town in Portugal, into a critical node in its global AI infrastructure. The town, known more for its fishing heritage than data servers, is now at the centre of a massive shift in how cloud giants are building
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Microsoft to Invest Over $10 Billion to Expand AI Infrastructure in Portugal
Microsoft said it would invest more than $10 billion to expand artificial-intelligence infrastructure in Portugal, the latest spending commitment from a U.S. tech giant as it seeks to bolster AI capacity in Europe. The company said the funding would go toward a data-center hub in Sines in
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Microsoft announces a massive $10 billion investment in AI infrastructure at Portugal's Sines data center, positioning the country as a European AI hub. The project will deploy 12,600 Nvidia GPUs in partnership with Start Campus and Nscale.
Microsoft has announced a landmark $10 billion investment in artificial intelligence infrastructure at a data center in Portugal's port city of Sines, marking one of the largest AI investment projects in Europe
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. The announcement was made by Microsoft President Brad Smith during the Web Summit in Lisbon, positioning Portugal as a front-runner in Europe for AI gigafactory installations1
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Source: Euronews
The technology giant will collaborate with developers Start Campus, AI infrastructure platform Nscale, and chipmaker Nvidia to deploy 12,600 next-generation Nvidia Graphics Processing Units (GPUs) in Sines, located 150 kilometers south of Lisbon
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. This deployment represents a significant expansion of Microsoft's computing infrastructure to meet the soaring demand for AI services4
.Start Campus, a joint venture between US investment fund Davidson Kempner and Britain's Pioneer Point Partners, had previously announced plans to invest 8.5 billion euros by 2030 in a data center hub serving major tech and AI companies
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. One of the six planned buildings is already operational, with Microsoft and Nscale becoming the first tenants of the Start Campus building1
.Portugal's selection as the investment destination stems from several strategic advantages. The country's Atlantic coastline positions it as a prime hub for subsea cables connecting Europe, Africa, and the Americas, forming part of the World Wide Web's backbone
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. The 1.2 GW Sines data center is powered by 100% renewable and competitively priced energy, featuring a seawater cooling system to address heating challenges2
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Source: Silicon Republic
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The Portuguese government has actively supported this development as part of its broader AI strategy. Deputy Minister for State Reform Gonçalo Matias emphasized the government's goal to position Portugal as a "leading European hub for AI gigafactories, with an estimated investment of over €16 billion"
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. The executive is actively supporting the Portuguese bid for the AI gigafactory with the European Commission, uniting national and international technology companies1
.Matias highlighted AI's economic impact, with an expected contribution of €2.3 trillion by 2030, while emphasizing that the national strategy for data centers will bring tens of billions of euros of investment
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.Microsoft's announcement coincides with similar major investments across Europe. Google simultaneously announced a €5.5 billion investment in Germany, including new data centers in Dietzenbach and continued investments in the Hanau campus
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. These collective investments of more than $16 billion demonstrate the significant capital deployment occurring across European AI infrastructure.Microsoft has indicated plans to double data center capacity in 16 European countries by 2027, reflecting the company's broader European expansion strategy
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. The company has also established partnerships with several "neocloud" providers, including CoreWeave Inc. and Nebius Group NV, as part of its strategy to address capacity constraints4
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Source: BNN
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