Microsoft bets big on AI in Australia with $18 billion investment
Microsoft said on Thursday that it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 to boost computing and artificial intelligence capacity, betting on growing demand for the technology in the country.
The U.S. tech giant’s latest investment reflects rising demand for AI technologies and positions Australia as a key growth market.
Microsoft said the investment will support the expansion of its Azure AI supercomputing and cloud infrastructure, strengthen cybersecurity and promote AI skills development across the country.
