Microsoft Announces $A5 Billion Investment in Cloud Computing and AI in Australia
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Microsoft announced $A5 billion investment in Australia over 2 years for cloud computing, AI infrastructure, and cybersecurity. This is Microsoft's largest investment in Australia in 40 years.
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Investment aims to help Australia capitalize on AI opportunities, which could contribute $A115 billion/year to economy by 2030.
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Microsoft will expand data center footprint in Australia from 20 to 29 sites.
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Partnership with Australian Signals Directorate on cybersecurity initiative to improve protection against threats.
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Microsoft committed to help 300,000 Australians gain skills needed for jobs in cloud and AI-enabled economy.