Tech giant Microsoft to invest $5 billion into Australia’s AI industry

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Microsoft has announced it will invest a record five billion dollars over the next two years into Australia’s artificial intelligence industry to combat the rising tide of cyber threats.

Prime Minister Anthony Albanese confirmed the new partnership on the first day of his visit to the United States, welcoming the single largest investment by the tech giant into Australia in 40 years.

The company help 300,000 Australians upskill for roles essential for the expanding cloud computing industry and collaborate with TAFE NSW on a new cyber academy which will provide critical training. “We know that this is having an impact on all companies. We know as well that this is about individuals and the protection of who they are.Science and Industry Minister Ed Husic also spoke to the importance of the new investment from Microsoft.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft’s new $5 billion Australian investmentPrime Minister Anthony Albanese has secured a major partnership with Microsoft to bolster Australia’s cyber-security capabilities. Mr Albanese was joined by Microsoft chiefs in Washington as the tech giant announced a $5 billion investment over the next two years.
Source: SkyNewsAust - 🏆 7. / 78 Read more »

‘Cyber shield’ to be key part of $5b Microsoft investment in AustraliaPrime Minister Anthony Albanese will reveal the plans on the first day of his US visit, promising new jobs in fields such as cloud computing and AI.
Source: brisbanetimes - 🏆 13. / 67 Read more »

Microsoft’s $5b investment in Australian AI and cloud computing is a significant moveThe tech giant’s Australian investment is a significant move to commandeer two of the biggest and most lucrative global technology bandwagons.
Source: FinancialReview - 🏆 2. / 90 Read more »