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

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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.

 

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