Microsoft Invests $3.2 Billion in AI and Cloud Computing in Australia, Plans to Train 300,000 in Digital Skills

Investment by Microsoft to boost computing capacity by 250% and enhance cybersecurity comes amid active discussions over AI regulations in Australia; tech giant's initiative also aims to equip Australians for their country's digital economy future.

Microsoft plans to invest $3.2 billion to expand its AI infrastructure and cloud computing in Australia, boosting its computing capabilities by 250% in the country and marking Microsoft’s biggest investment in the country in four decades.
As part of the initiative, Microsoft will collaborate with Australian officials to strengthen the country's cybersecurity architecture, and expand a cyber threat information-sharing agreement with Australia's digital security agency, the Australian Signals Directorate.
The tech giant will also roll out a skills training program aimed at preparing 300,000 Australians with the key skills required for success in the digital economy.
This announcement comes amidst ongoing public consultation in Australia over the regulation of AI and rising concerns about how automation might affect jobs and pay.
A recent report, co-authored by Microsoft, suggests that generative AI, a form of automation responsive to new data inputs, could contribute up to A$115 billion per year to Australia's economy by 2030 if swiftly adopted.