By the end of 2024, Microsoft will have already spent $7.3 billion in the UAE, including a $1.5 billion equity stake in G42 and over $4.6 billion on AI and cloud data centers. A further $7.9 billion will be spent between 2026 and 2029, much of it directed toward expanding advanced cloud capacity and AI compute power.

Microsoft's AI infrastructure spending to meet growing cloud services demand is outpacing Wall Street expectations, deepening investor fears about the costs of sustaining the boom. The technology giant reported a record capital expenditure of nearly $35 billion for its fiscal first quarter on Wednesday and warned spending would rise this year,

It is targeted towards regional-scale workloads, multinational users and data-intensive AI systems Read more at The Business Times.

In 2023, Microsoft partnered with an Abu Dhabi-based company called Group42 to grow its UAE data center presence. The tech giant disclosed today that it will have invested more than $7.3 billion in the partnership by the end of the year. Over half the sum was allocated to capital expenditures, a line item that includes data center infrastructure.

Microsoft has announced a $15.2 billion strategic investment in the United Arab Emirates by 2029, a move aimed at boosting artificial intelligence and cloud computing. It has been

Microsoft suffered outages on its Azure cloud computing platform and 365 services Wednesday, hours before the Redmond tech giant was set to release quarterly earnings.

Artificial intelligence cloud startup Lambda said on Monday it has entered into a multi-billion-dollar agreement with Microsoft to deploy tens of thousands of AI chip leader Nvidia's graphics processors.