Microsoft and Amazon to invest $5.6 billion into France as Macron courts tech giants
Publishing timestamp: 2024-05-13 12:51:56
Summary
Microsoft and Amazon are committing billions of euros to expand their cloud and AI infrastructure in France, create jobs, and support the country's technology industry. This investment is part of a larger trend of foreign companies pledging billions of dollars to France, positioning the country as a hub for artificial intelligence and innovation. French President Macron has been actively promoting France as a leader in AI research and development.
Sentiment: POSITIVE
Keywords: business news, markets, france, meta platforms inc, breaking news: markets, technology, breaking news: technology, amazon.com inc, microsoft corp,
Source: https://www.cnbc.com/2024/05/13/amazon-and-microsoft-to-invest-5point6-billion-into-france.html