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Amazon and Microsoft Fuel India's $52B AI Ambition [Yahoo! Finance]
Last microsoft corporation earnings: 4/29 04:06 pm
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The company lifted its total planned outlay to $35 billion through 2030, stretching from AI-driven digitization and logistics buildouts to export initiatives for small and medium businesses. It builds on years of investment meant to defend share against Walmart-backed Flipkart and a fast-rising pack of local players. One day earlier, Microsoft ( NASDAQ:MSFT ) matched the momentum with a $17.5 billion commitment over four years to expand data-center capacity, train India's workforce, and support the development of sovereign technologyits largest investment in Asia and an extension of cloud expansion that has been underway for years. Warning! GuruFocus has detected 3 Warning Sign with AMZN. Is AMZN fairly valued? Test your thesis with our free DCF calculator. Together, the moves show how India is becoming an essential growth corridor for US tech giants, offering more than a billion internet users, government support for digitalization, and a regulatory environment that could be ea
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