Microsoft Pledges $3.2B Boost To Australian AI And Cloud Landscape: Report
Portfolio Pulse from Shivani Kumaresan
Microsoft Corporation (NASDAQ:MSFT) plans to invest $3.2 billion over two years to strengthen its artificial intelligence (AI) and cloud computing capabilities in Australia. This move represents a 250% increase in Microsoft's computing capacity in Australia and is seen as a strategic push into the Australian market. The investment also includes plans to train 300,000 Australians in digital skills and enhance a cyber threat information-sharing pact with Australia's premier cyber defense agency.
October 23, 2023 | 4:17 pm
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Microsoft's $3.2 billion investment in AI and cloud computing in Australia could strengthen its market position and potentially boost its revenues. The move could also enhance Microsoft's reputation as a leader in AI and cloud computing.
Microsoft's significant investment in AI and cloud computing in Australia demonstrates its commitment to expanding its capabilities and market presence in these areas. This could lead to increased revenues and a stronger market position. Additionally, the investment in training and cyber threat information sharing could enhance Microsoft's reputation as a leader in these areas, potentially attracting more customers and partnerships.
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