BENGALURU, Jan 7 (Reuters) - Microsoft ( MSFT ) will
invest about $3 billion to expand capacity for artificial
intelligence and its Azure cloud-computing services in India,
CEO Satya Nadella said on Tuesday.
The tech giant is the latest to pledge investment in India,
a country seen as a key growth market for U.S. technology
companies thanks to its population of more than 1.4 billion
people and low-cost internet access.
Executives ranging from Nvidia ( NVDA ) chief Jensen Huang
to Meta's chief AI scientist Yann LeCun have visited
India in recent months.
The $3 billion investment in India would be the "single
largest expansion" done in the country, Nadella said at a
conference in the southern Indian city of Bengaluru.
Microsoft ( MSFT ) will also train 10 million people in AI in India
by 2030, Nadella said.
When Nadella visited India early last year, he announced the
company will provide 2 million people in the country with AI
skilling opportunities by 2025, focused on training individuals
in smaller cities as well as rural areas.
Nadella met Indian Prime Minister Narendra Modi on Monday,
and the pair discussed "tech, innovation and AI" and
"Microsoft's ( MSFT ) ambitious expansion and investment plans in India."
Microsoft ( MSFT ) has been pouring billions of dollars into
expanding capacity across the globe to boost AI infrastructure
and its data-center network.
The company last week unveiled plans to invest about $80
billion in fiscal 2025.
The investment, more than half of which will be in the
United States, will focus on developing data centers to train AI
models and deploy AI and cloud-based applications.