financetom
Business
financetom
/
Business
/
Microsoft to Expand AI and Cloud Infrastructure in UAE
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Microsoft to Expand AI and Cloud Infrastructure in UAE
Nov 3, 2025 5:50 AM

08:28 AM EST, 11/03/2025 (MT Newswires) -- Microsoft ( MSFT ) said Monday it will invest a total of $15.2 billion in the UAE as part of its artificial intelligence and cloud infrastructure expansion plans in the country from 2023 through 2029.

The investment includes about $7.3 billion already spent since 2023, including a $1.5 billion equity stake in Emirati AI firm G42 and $4.6 billion in building data centers in the UAE, Microsoft ( MSFT ) said.

The company said it will invest an additional $7.9 billion from 2026 to 2029 to expand AI and cloud infrastructure and cover local operating expenses.

Microsoft ( MSFT ) said it has also secured export licenses to ship GPUs to the UAE, enabling deployment of more than 80,000 Nvidia A100 equivalent chips for AI workloads.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Bed Bath & Beyond Stock Is Rising Today
Why Bed Bath & Beyond Stock Is Rising Today
Nov 25, 2025
Bed Bath & Beyond, Inc. ( BBBY ) shares traded higher on Tuesday after the retailer unveiled new deal plans. Bed Bath & Beyond ( BBBY ) agreed to acquire The Brand House Collective, Inc. ( TBHC ) in an all-stock transaction valuing the target at about $26.8 million, using Nov. 21 closing prices. The agreement gives Brand House investors...
Update: Aimia Rises 2% as It Receives an $8.8 Million Tax Refund From Revenue Quebec
Update: Aimia Rises 2% as It Receives an $8.8 Million Tax Refund From Revenue Quebec
Nov 25, 2025
11:54 AM EST, 11/25/2025 (MT Newswires) -- (Updates prices.) Aimia ( AIMFF ) said Tuesday it received a $8.8 million tax refund following the final processing of the notices of reassessment from Revenue Quebec related to a 2013 income-tax audit of a former subsidiary. The company plans to use the proceeds to support its 2025-2026 normal course issuer bid and...
Diagnos Upsizes Private Placement of Share Units to $3.65 Million
Diagnos Upsizes Private Placement of Share Units to $3.65 Million
Nov 25, 2025
11:56 AM EST, 11/25/2025 (MT Newswires) -- Diagnos ( DGNOF ) on Tuesday upsized a brokered private placement of share units to $3.65 million from its prior $2-million goal. The company will issue up to 12.2-million units at $0.30 each and made up of a share and an 18-month warrant to buy a share at $0.40. The agent has also...
GameStop (GME) Stock Edges Higher: Why A December Rate Cut Could Rescue Retail
GameStop (GME) Stock Edges Higher: Why A December Rate Cut Could Rescue Retail
Nov 25, 2025
GameStop Corp ( GME ) shares are trading marginally higher Tuesday morning, attempting to stabilize after a volatile October defined by viral political memes and renewed dilution fears. Here’s what investors need to know. GME is demonstrating bullish strength. Check the analyst take here. What To Know: While the stock remains pinned near recent lows following the fade of the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved