Microsoft to Invest $3 Billion in AI, Cloud Expansion in India
Mint Bangalore|January 08, 2025
CEO Satya Nadella, however, did not give a time frame for the spending
PTI

Microsoft will invest $3 billion (about ₹25,700 crore) to expand its cloud computing and artificial intelligence capabilities in India, its chief executive officer Satya Nadella said on Tuesday.

The tech giant will also train 10 million people in AI skills in India by 2030, Nadella said, addressing a conference attended by startup founders and executives from technology firms here.

Nadella is the latest in the list of tech tycoons to have visited India—the nation of 1.4 billion people that is emerging as an AI battlefront.

Chip maker Nvidia chief Jensen Huang, AMD's Lisa Su and Meta chief AI scientist Yann LeCun had in recent months visited India, home to millions of programmers and technology services providers like Tata Consultancy Services (TCS), Infosys and Wipro.

Nadella said the $3 billion investment in India would be the "single-largest expansion" done in the country.

"The diffusion rate of AI in India is exciting." He, however, did not give a time frame for the spending.

This story is from the January 08, 2025 edition of Mint Bangalore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the January 08, 2025 edition of Mint Bangalore.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM MINT BANGALOREView All
Mint Bangalore

How Bhansali Elevates The First Encounter

Love At First Sight Is An Emotionally Dense Moment, Predicting The Intensity Of The Journey That The Lovers Will Chart

time-read
4 mins  |
January 09, 2025
Mint Bangalore

The Treasures of Nimrud Pieced Together Again

The UNESCO-listed archaeological site was ravaged by Islamic State fighters

time-read
2 mins  |
January 09, 2025
Mint Bangalore

From arrack to wine, a bar crawl across Sri Lanka

Cocktail bars in the island nation are drawing on local traditions and flavours to give a heady twist to familiar spirits

time-read
3 mins  |
January 09, 2025
Mint Bangalore

Only human-centred AI can charm humans to adopt it

The AI industry could learn from carmakers how to focus on the consumer and modify perceptions

time-read
3 mins  |
January 09, 2025
Mint Bangalore

How Emerging Economies Could Prosper in a Protectionist World

As manufacturing export success gets harder, they should focus on service exports. These are unlikely to face big trade barriers

time-read
4 mins  |
January 09, 2025
Mint Bangalore

The Asian Dream is waking up to realities of middle-class life

Asians are realizing that staying middle-class is not guaranteed

time-read
3 mins  |
January 09, 2025
Mint Bangalore

Fix India's bond market to lift economic growth

As India's economy slows, we should revive public-private partnerships to attract private investment. But, for debt funding, we'll need to reform and invigorate our market for bonds

time-read
2 mins  |
January 09, 2025
Mint Bangalore

Lessons from the 75-year-old National Sample Survey

Its impressive history tells us much about innovation, autonomy and state-level data collection

time-read
3 mins  |
January 09, 2025
Mint Bangalore

We should let clarity prevail over nonsense: Here's a handy guide

We must use simple language, empathize with people, not take ourselves too seriously and be kind

time-read
4 mins  |
January 09, 2025
Mint Bangalore

Clear Goals and Discipline: How Small Investors Can Build Lasting Wealth

There is no one-size-fits-all, the answer will depend on your needs, personal preferences

time-read
3 mins  |
January 09, 2025