Microsoft Pledges US$ 50 Bn AI Investment for Global South š
Microsoft has announced it is on track to invest US$ 50 Bn by 2030 to expand AI infrastructure across the 'Global South,' targeting emerging and lower-income nations. ⢠Overall Investment: A total commitment of US$ 50 Bn by the end of the decade, aimed at bridging the digital divide in developing economies. ⢠Regional Focus: The 'Global South' encompasses emerging markets primarily in the southern hemisphere, including South Asia. ⢠Key Benchmark: This follows a US$ 17.5 Bn investment in India last year, signaling a massive push into high-growth digital markets. ⢠Economic Impact: For countries like Sri Lanka, such regional shifts highlight the growing importance of the ICT/BPM sector and the need for AI-ready infrastructure to remain competitive in the global digital landscape. _Note: Figures based on Microsoft corporate announcements at the New Delhi AI Summit._ ---