Microsoft Corp. plans to spend $3 billion to expand its cloud computing and artificial intelligence capabilities in India, targeting the world’s most populous country to fuel its revenue growth.

Microsoft plans to invest $3 billion to expand its artificial intelligence and cloud services in India. The firm, which has been operating in India for Microsoft plans to invest $3 billion to expand its AI and cloud Azure services in India,

Brad Smith, the Microsoft Vice Chair and President, has revealed how the technology giant plans to move forward with its support for AI technology. The announcement comes as global investment in AI infrastructure is expected to reach $300 billion by 2026.

Microsoft Corp. plans to invest $3 billion in India in cloud and artificial intelligence infrastructure and skilling over the next two years, Chief Executive Officer Satya Nadella said on his visit to India.

Microsoft will spend $3 billion to expand its Azure cloud and artificial intelligence (AI) capacity in India, CEO Satya Nadella said on Tuesday, doubling down on a country with tech expertise and low costs to help turn such investments profitable.

Microsoft CEO Satya Nadella announced the $3 billion investment into India's AI and cloud computing infrastructure after a meeting with Prime Minister Narendra Modi on January 6.