Microsoft to Invest $2.7 Billion in Brazil for Cloud and AI Expansion
Key Points Microsoft pledges $2.7 billion in investment in Brazil over three years for cloud and AI infrastructure. The investment is part of the “Microsoft Mais Brasil” initiative launched in 2020. The company plans to expand its data centers in São Paulo and train 5 million people in AI. AI adoption in Brazil could boost the country’s economic growth by 4.2 percentage points by 2030. Microsoft (MSFT.O) has announced a significant investment of 14.7 billion reais ($2.7 billion) in Brazil...