Microsoft says it is on pace to invest $50 billion in ‘Global South’ AI push


Feb 18 (Reuters) – Microsoft on Wednesday said it ‌is on pace to ‌invest $50 billion by the end ​of the decade to help expand AI to countries across the ‘Global South’.

The ‌announcement was ⁠made at the AI summit in New ⁠Delhi, where top executives from global AI ​giants meet ​several ​world leaders this ‌week.

The ‘Global South’ refers to developing, emerging or lower-income countries, mostly in the southern hemisphere.

Microsoft unveiled $17.5 billion ‌worth of AI ​investments in ​India ​last year, as the ‌U.S. tech giant ​deepened ​its bet on one of the world’s fastest-growing ​digital ‌markets.

(Reporting by Abu Sultan ​in Bengaluru; Editing by ​Sonia Cheema)



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