Microsoft announces a $3 billion investment in India's cloud and AI infrastructure, emphasizing its dedication to an "AI-first" nation and the growth of the digital economy.

Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.

Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down on a country with tech expertise and low costs to help turn such investments profitable.

Microsoft Corp. plans to spend $3 billion to expand its cloud computing and artificial intelligence capabilities in India, targeting the world’s most populous country to fuel its revenue growth.

As Microsoft pledges $80 billion on data center spending this year, Michael Stewart of M12 - Microsoft's venture arm - says it will be the quality of AI that will matter in the long run. He joins Caroline Hyde on "Bloomberg Technology" to discuss.