Microsoft to spend $3.2 billion on Australian AI capacity

CANBERRA, Australia: Microsoft said it will spend AUS$5 billion ($3.2 billion) to expand its artificial intelligence (AI) and cloud computing capacity in Australia over two years.

The U.S. technology giant said it would raise its computing capacity in Australia by 250%, enabling the world's 13th largest economy to meet the demand for cloud computing.

The move comes as this year, Australia began public con