Global technology giant Microsoft announced on Tuesday plans to invest $17.5 billion to help build India’s artificial intelligence infrastructure, with CEO Satya Nadella calling it “our largest investment ever in Asia”.
Several global corporations have announced large investments this year in the South Asian nation, which is projected to have more than 900 million internet users by year’s end.
“To support the country’s ambitions, Microsoft is committing US$17.5B (billion) — our largest investment ever in Asia — to help build the infrastructure, skills, and sovereign capabilities needed for India’s AI-first future,” Nadella said in a post on X, without giving any further details.
Nadella made the announcement on social media after he met Prime Minister Narendra Modi in New Delhi, and thanked the leader for “an inspiring conversation on India’s AI opportunity”.
Earlier this year, Nadella announced plans to invest $3 billion in India in AI and cloud infrastructure over the next two years.