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Microsoft's AI investment: Why $50 Billion Is Both Impressive and Not Nearly Enough

Summary by Zoom News
The AI Impact Summit, organized by the Ministry of Electronics and Information Technology (MeitY) in New Delhi, has become a focal point for global technological advancements. Microsoft Vice Chairman and President Brad Smith, attending the summit, announced a significant commitment of $50 billion towards Artificial Intelligence (AI) development in the Global South by the year 2030. This strategic move is designed to bridge the digital divide and…

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IOL broke the news in South Africa on Friday, February 20, 2026.
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