Microsoft says it is on pace to invest $50 billion in ‘Global South’ AI push : US Pioneer Global VC DIFCHQ SFO NYC Singapore – Riyadh Swiss Our Mind

Feb 18 (Reuters) – Microsoft (MSFT) 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.

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

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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.

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