Microsoft to Invest $3.2 Billion to Boost AI and Tech in Australia. Bloomberg

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Microsoft  will invest A$5 billion ($3.2 billion) in Australia to expand its cloud computing and AI infrastructure over the next two years, in what the US company described as its largest investment in the country in four decades.

Announced as part of Prime Minister Anthony Albanese’s visit to the US this week, the investment will help Microsoft grow its data centers across Canberra, Sydney and Melbourne by 45% — from 20 sites up to 29.

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