Microsoft pledges $7.5B in AI investment in Canada
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Microsoft Corp. MSFT-T +0.06% will spend more than $7.5-billion in Canada over the next two years as part of a data-centre expansion, while vowing to keep data within Canadian borders and resist any orders to discontinue services to government customers that could arise during uncertain geopolitical times.
Microsoft President Brad Smith visited Canada on Tuesday to announce a planned CAN$7.5 billion ($5.4 billion) investment in Canadian data centers and to assure government officials that Canadian data will be protected from cyberattacks and other governments.
Microsoft says it will invest $19 billion CAD in Canada between 2023 and 2027, including more than $7.5 billion CAD over the next two years. The money will go toward expanding the company’s cloud and AI infrastructure,
Microsoft announces a historic $19 billion CAD investment aimed at fortifying Canada's digital and AI infrastructure. Key initiatives include a five-point digital sovereignty plan, a new threat intelligence hub in Ottawa,
Microsoft says it will spend $7.5 billion CAD over the next two years to build new digital and artificial intelligence (AI) infrastructure in Canada–infrastructure that the US tech giant claims will support Canadian digital sovereignty.
Microsoft to invest $7.5B in Canadian data centers, boosting cloud & AI infrastructure and pledging data protection.
Microsoft is expanding its cloud and AI infrastructure with billions of dollars to strengthen digital sovereignty and skills, creating jobs.