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00:03Microsoft unveiled $23 billion in new AI investments on Tuesday,
00:07directing $17.5 billion to India, starting in 2026,
00:12to build its largest cloud computing presence in Asia, according to Reuters.
00:16CEO Satya Nadella said the four-year plan will expand data center capacity
00:20and support India's push toward an AI-first economy.
00:24Nadella's three-day visit for Microsoft's AI conferences in India
00:28comes as the company announces major new AI investments
00:31during a period of tariff-related tensions
00:33and a stalled trade deal between India and the United States.
00:37U.S. cloud providers plan to spend more than $400 billion on AI data centers this year,
00:42but the heavy outlays and limited productivity gains
00:45have fueled concerns about an emerging AI bubble.
00:47For all things money, visit Benzinga.com.
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