Joe Lynam

And we will leave it there, Michael.

Thanks so much indeed for joining me.

And indeed, that is our lot for this morning.

Thank you very much for joining us and up next.

Breakfast Business with Enterprise Ireland on Newstalk.

The EU Commission launched an investigation into Amazon and Microsoft last week.

The Commission is assessing whether the American companies should be considered gatekeepers as part of the Digital Markets Act and a debate whether the EU might in fact be stifling innovation in the technology sector.

It comes as Microsoft celebrates 40 years and 40 billion euro investment in this country.

But even amid this boom in investment, the technology giants have openly expressed concern that we may be looking at an AI bubble which could burst and bring on a recession.

My next guest, Catherine Doyle, runs Microsoft here in Ireland, which employs 6,400 people, including LinkedIn, as well as its huge cloud business.

Good morning, Catherine.

Good morning, Joe.

You've spent 40 billion euros over the last 40 years.

I presume it's not a billion a year.

What have you spent it on?

Oh.

Yeah.

I mean, because you don't physically make stuff anymore, what has the investment gone on?

Has it gone on training?

Has it gone on investment in data centres?