"US tech giant Microsoft announced on Tuesday that it will invest $17.5 billion (15 billion) in India over the next four years as it looks to strengthen the country's cloud and artificial intelligence infrastructure. CEO Satya Nadella shared the news of Microsoft's largest-ever investment in Asia in a post on X after meeting Indian Prime Minister Narendra Modi in New Delhi. Nadella said the multi-billion-dollar commitment is aimed at helping India develop the "infrastructure, skills, and sovereign capabilities" essential for an AI-driven future. Nadella is currently on a three-day visit to India, meeting policymakers and participating in AI-related events in Bengaluru the nation's technology center and Mumbai, its financial capital."
""Together, Microsoft and India are poised to set new benchmarks and drive the country's leap from digital public infrastructure to AI public infrastructure in the coming decade," a Microsoft statement read. India has set bold goals to become a leading global hub for AI and semiconductor production, with the government rolling out financial incentives to attract major chipmakers and tech giants, aiming to strengthen local innovation, create jobs, and cut reliance on imported technology. "Regarding AI, the world has great confidence in India," Modi wrote on X following his meeting with Nadella."
Microsoft will invest $17.5 billion in India over four years to strengthen cloud and artificial intelligence infrastructure, build skills, and develop sovereign capabilities for an AI-driven future. CEO Satya Nadella announced the commitment after meeting Prime Minister Narendra Modi during a three-day visit that includes policy meetings and AI events in Bengaluru and Mumbai. A Microsoft statement said the partnership aims to move India from digital public infrastructure to AI public infrastructure. India is pursuing goals to become a global AI and semiconductor hub through financial incentives for chipmakers and tech firms. Google's recent $15 billion pledge underscores intensifying competition to expand in India's fast-growing digital market.
Read at www.dw.com
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