Microsoft to Invest Over $10 Billion in Gulf AI by 2030
Microsoft announced plans to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar, and Kuwait by 2030, as part of its strategy to expand its cloud and artificial intelligence business while bolstering services against regional disruptions. This commitment was outlined by President Brad Smith on September 23.
The investment includes both capital and operating expenditures, which encompass the costs of running its business alongside investments in physical infrastructure. Additionally, Microsoft plans to allocate over $400 million for subsea and land-based connectivity projects throughout the Middle East by 2030.
However, it is unclear if this connectivity amount is included in the overall $10 billion commitment. Microsoft has identified G42, HUMAIN, and QAI as regional partners to support its cloud services, Arabic-language AI, and digital public services.
Plus234Feed summary based on reporting from The Will. Read the original report below.
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