Microsoft to invest $18 billion in Australia for AI push
Microsoft plans to invest $17.9 billion in Australia by 2029 to enhance its Azure AI supercomputing and cloud infrastructure. The investment aims to boost computing and artificial intelligence capacity, strengthen cybersecurity, and develop AI skills.
Microsoft will invest $17.9 billion in Australia by 2029. The investment will expand Azure AI supercomputing and cloud infrastructure, enhance cybersecurity, and boost AI skills. This follows a $5 billion investment in 2023 for hyperscale cloud computing and AI infrastructure. The move is expected to drive economic growth and societal benefits. The company is making its largest investment in Australia to date. The investment will be completed by the end of 2029.
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