Microsoft says it is on pace to invest $50 billion in ‘Global South’ AI push

Source: Reuters (via feed)

Microsoft said on Wednesday it plans to invest $50 billion by the end of the decade. The investment aims to expand artificial intelligence technology to countries in the “Global South.” This region generally includes developing nations in Africa, Latin America, and Asia.

The move reflects Microsoft’s broader strategy to increase AI adoption in emerging markets. The company targets infrastructure, technology access, and skills development in these areas. Microsoft has not disclosed specific projects or countries involved in this investment.

Meanwhile, the expansion seeks to make AI tools more widely available. This could help local businesses and governments leverage new technologies. However, Microsoft has not addressed the timeline for specific initiatives.

As a result, this initiative highlights the growing focus on AI’s role beyond traditional tech hubs. It underscores a trend where large tech firms invest in emerging economies to expand their global footprint.

BizTrendWire Insight:

Microsoft’s $50 billion AI investment highlights increasing corporate focus on emerging markets in the Global South, signaling shifts in technology access and infrastructure development.


Read full story on Reuters

More From Author

Gold rises from one-week low ahead of FOMC minutes

Ukraine-Russia peace talks enter second day in Geneva with pressure on Kyiv

Leave a Reply

Your email address will not be published. Required fields are marked *