Microsoft to invest about $300 million more in AI infrastructure in South Africa
The Hindu
Microsoft will invest an additional 5.4 billion rand ($296.81 million) in AI infrastructure in South Africa.
Microsoft will invest an additional 5.4 billion rand ($296.81 million) in artificial intelligence (AI) infrastructure in South Africa, Microsoft Vice Chair and President Brad Smith said on Thursday.
Smith also said at an event in Johannesburg that the world's biggest software maker would pay for technical certification exams for 50,000 individuals in high-demand digital skills.
Microsoft announced in January that it was planning to invest about $80 billion in fiscal 2025 on developing data centres to train AI models and deploy AI and cloud-based applications.

The budget outlay includes revenue expenditure of ₹3,11,739 crore, capital expenditure of ₹71,336 crore — up from 55,877 crore in 2024-25 — and loan repayment of ₹26,474 crore. This essentially shows that the loans being raised are not only being used for capital expenditure, but also for loan repayment and revenue expenditure.