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Microsoft to Invest $3 2 bn in Australia to Expand AI and Cloud Computing

Microsoft will invest A$5 billion ($3.2 billion) in expanding its artificial intelligence (AI) and cloud computing capabilities in Australia

microsoft: Microsoft to spend $3 2 billion in Australia as AI regulation looms

The U.S. tech giant said it would raise its computing capacity in Australia by 250%, enabling the world s No. 13 economy to meet demand for cloud computing - the practice of storing data on a separate network - which was expected to double from 2022 to 2026 as AI became more prevalent.

Microsoft to spend $3 2b in Australia as AI regulation looms By Reuters

Microsoft to spend $3 2b in Australia as AI regulation looms By Reuters
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

microsoft: Microsoft to spend $3 2 billion in Australia as AI regulation looms

Microsoft said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) and cloud computing abilities in Australia over two years as part of a wide-ranging effort that includes skills training and cyber security.

Microsoft to spend $3 2b in Australia as AI regulation looms By Reuters

Microsoft to spend $3 2b in Australia as AI regulation looms By Reuters
investing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investing.com Daily Mail and Mail on Sunday newspapers.

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