Microsoft to Invest Around $18 Billion in Australia to Build AI Capacity by 2029
By Kimberley Kao
Microsoft will invest $18 billion in cloud and artificial-intelligence infrastructure in Australia by the end of 2029, marking its largest ever investment in the country.
The U.S. tech company said Thursday that it plans to invest 25 billion Australian dollars, equivalent to US$17.90 billion, to significantly expand its Azure AI supercomputing and cloud infrastructure in Australia.
Azure provides cloud services to a vast array of businesses.
"Australia has an enormous opportunity to translate AI into real economic growth and societal benefit," Satya Nadella, Chairman and CEO of Microsoft, said in a statement.
Microsoft said it is also committed to strengthening AI safety and will train three million locals with AI skills by 2028.
"Our National AI Plan is all about capturing the economic opportunities of this transformative technology while protecting Australians from the risks," Australian Prime Minister Anthony Albanese said.
Microsoft's latest spending plan builds on an A$5 billion investment from October 2023, which the company used to grow its Australian data centre presence to 29 sites across three Azure cloud regions.
Write to Kimberley Kao at kimberley.kao@wsj.com
(END) Dow Jones Newswires
April 22, 2026 21:35 ET (01:35 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
3 Stocks to Sell and 3 Stocks to Buy for October
The 10 Best Companies to Invest in Now
14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark
3 Stocks to Invest In With More Room to Run
United States