Microsoft to invest $5bn in Aussie cloud region amid AI boom

Microsoft will invest $5 billion in Australia over the next two years to meet growing demand for cloud services amid the rise of artificial intelligence, while boosting local training options and expanding its cybersecurity partnership with the federal government.

The investment – the company’s largest-ever in Australia – is expected to increase local cloud computing capability by 250 per cent, with nine new sites to be added to the company’s data centre footprint in Canberra, Melbourne and Sydney.

It comes just six months after major cloud competitor Amazon Web Services made a similar commitment of $13.2 billion over five years to its two Australian data centre regions in Sydney and Melbourne.

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