Microsoft will spend US$3.2 billion expanding its artificial intelligence (AI) and cloud computing abilities in Australia over two years as part of a wide-ranging effort that includes skills training and cybersecurity.
The US tech giant said it would raise its computing capacity in Australia by 250 per cent, enabling the world’s No 13 economy to meet demand for cloud computing – the practice of storing data on a separate network – which was expected to double from 2022 to 2026 as AI became more prevalent.