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Stock impact report

Microsoft to pump $3 billion into cloud and AI push in India [Yahoo! Finance]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Yahoo! Finance
Microsoft plans to invest $3 billion to expand its artificial intelligence and cloud Azure services in India, turning to the world's most populous nation to fuel its revenue growth engine. The firm, which has been operating in India for more than two decades, will also train an additional 10 million people in the country with AI, it said. "The investments in infrastructure and skilling we are announcing today reaffirm our commitment to making India AI-first, and will help ensure people and organizations across the country benefit broadly," Satya Nadella said at an event in Bengaluru on Tuesday. "India is rapidly becoming a leader in AI innovation, unlocking new opportunity across the country." India is a key overseas market for American tech giants that have poured tens of billions of dollars in building and scaling their operations in the world's most populous nation over the past two decades as they work to court businesses serving hundreds of millions of users. The competi Show less Read more
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