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Microsoft has invested $3 billion in its European cloud operation (MSFT)

Microsoft CEO Satya Nadella announced on Monday that Microsoft has invested more than $3 billion (£2.3 billion) in its European cloud offering, with $1 billion (£777 million) of that invested in the last year alone. The tech executive told an audience at Dublin City University that Microsoft's Azure platform will be expanded to France in 2017 with several new data centres set to come online.
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