01:36 PM EDT, 09/26/2024 (MT Newswires) -- Microsoft ( MSFT ) said Thursday it intends to develop cloud and artificial intelligence infrastructure in Brazil with a three-year investment plan of 14.7 billion reais ($2.7 billion).

Microsoft ( MSFT ) said it will expand its cloud and AI infrastructure across several data center campuses in the state of Sao Paulo. It will also train 5 million people in the country with essential AI skills to "address the AI-driven shift in the workforce," the company added.

Price: 429.27, Change: -2.84, Percent Change: -0.66