Business

Microsoft to invest $3.2 bn in AI in Sweden

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.

Business

Google to invest $2 bn in Malaysia: government

Google will invest $2 billion in Malaysia to house the firm's first data center in the country, the government said Thursday, making it the latest tech titan to pump cash into the region in search of growth opportunities.

Business

Amazon to invest 15.7 bn euros in Spain

Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centers in Spain's Aragon region through to 2033, the US tech giant said Wednesday.

Business

Siemens to sell electrical motors business to KPS

German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).

Energy & Green Tech

Microsoft makes renewable energy deal with Canada's Brookfield

Microsoft and Canada's Brookfield Asset Management have struck an agreement for the development of renewable energy that could make one of the biggest corporate purchases of green energy to date, the companies said on Tuesday.

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