Microsoft Targets $50B AI Expansion Across the Global South
Microsoft (MSFT.O), opens new tab on Wednesday said it is on pace to invest $50 billion by the end of the decade to help expand AI to countries across the ‘Global South’.
The announcement was made at the AI summit in New Delhi, where top executives from global AI giants meet several world leaders this week.
The ‘Global South’ refers to developing, emerging or lower-income countries, mostly in the southern hemisphere.
Microsoft unveiled $17.5 billion worth of AI investments in India last year, as the U.S. tech giant deepened its bet on one of the world’s fastest-growing digital markets.
Reporting by Abu Sultan in Bengaluru; Editing by Sonia Cheema
This article was first reported by Reuters
