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Microsoft to Invest $18 Billion in Australia for AI Push
The company said the investment will expand data centres, train 3 million workers in AI skills and deepen cybersecurity ties with federal agencies.
- On Thursday in Sydney, Microsoft chief executive Satya Nadella and Prime Minister Anthony Albanese announced a $25 billion investment to expand Australian data centres, cybersecurity services, and AI training by 2028.
- This capital expenditure builds on a previous $5 billion injection from October 2023, which expanded Microsoft's local data centre footprint to 29 sites across three Azure public cloud regions.
- Former industry minister Ed Husic criticized the announcement as "flashy," noting that for every $100 a multinational tech giant invests, up to $80 leaves Australia immediately because the country lacks local hardware manufacturing.
- Data centres consume around 6 per cent of grid-supplied electricity, prompting the NSW Legislative Council to launch an inquiry into the sector's energy demands and genuine economic benefits.
- Australia could become an Asia-Pacific digital infrastructure hub according to a recent McKinsey report, though achieving this would require $190 billion in investment to boost computing capacity to five gigawatts by 2030.
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Tech giant's $25 billion plan to reshape the Aussie workplace
Microsoft has announced its largest-ever technology investment in Australia, with chief executive Satya Nadella committing $25 billion to expand AI infrastructure, strengthen national cybersecurity and train three million Australians with AI skills by 2028.Nadella made the announcement during a visit to Sydney, where he met with Prime Minister Anthony Albanese and toured Australian businesses already putting artificial intelligence to work.In an…
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Coverage Details
Total News Sources42
Leaning Left4Leaning Right6Center7Last UpdatedBias Distribution41% Center
Bias Distribution
- 41% of the sources are Center
41% Center
L 24%
C 41%
R 35%
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