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US  software giant Microsoft will expand its artificial intelligence (AI) and cloud infrastructure in Spain through an investment of $2.1 billion in the next two years, the company's Vice Chair and President Brad Smith said in a post on social media site X. The move comes on the heels of its announcement of a 3.2 billion euros ($3.45 billion) AI-focused investment in Germany, spanning the next two years. Microsoft did not immediately respond to a Reuters request for further details on the investment in Spain. "Our investment is beyond just building data centers, it's a testament to our 37-year commitment to Spain, its security, and development and digital transformation of its government, Business es, and people," Smith said.   Source: https://thefoxposts.com/microsoft-to-expand-its-ai-infrastructure-with-2-1b-investment-TheFOXposts-47705.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam Category...

The Biden administration plans to halt shipments to China of more advanced artificial intelligence chips designed by Nvidia and others, part of a raft of measures released on Tuesday that seek to stop Beijing from receiving cutting-edge US technologies to strengthen its Military . The rules, which go into effect in 30 days, restrict a broader swathe of advanced chips and chipmaking tools to a greater number of countries including Iran and Russia, and blacklist Chinese chip designers Moore Threads and Biren. The new measures close loopholes in regulations released last October and will probably be updated "at least annually," Commerce Department Secretary Gina Raimondo told reporters late on Monday. The goal is to limit China's access to "advanced semiconductors that could fuel breakthroughs in artificial intelligence and sophisticated computers that are critical to (Chinese) military applications," she said, stressing the administration was not seeking t...