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Microsoft to invest $18 billion in Australia for AI push
Microsoft said on Thursday it will invest A$25 billion ($17.9 billion) in Australia by the end of 2029 to boost computing and artificial intelligence capacity in the country. The company said in a statement the investment will help expand its Azure AI supercomputing and cloud infrastructure, strengthen cybersecurity and boost AI skills. "Australia has an enormous opportunity to translate AI into real economic growth and societal benefit," Microsoft CEO Satya Nadella said in the statement.
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