KEY TAKEAWAYS Microsoft will invest 4 billion euros ($4.32 billion) in building artificial intelligence (AI), data center, and cloud infrastructure in France.Amazon said it would invest EUR1.2 billion ($1.

Amazon, meanwhile, made a commitment to invest 1.2 billion euros ($1.3 billion) in France, which will go toward creating more than 3,000 jobs and increasing Amazon's footprint in the country. Microsoft and Amazon are ploughing billions of dollars into France.

Amazon said it will invest in building out cloud computing infrastructure in anticipation of growing demand from the artificial intelligence sector