- Web Desk
- 40 Minutes ago
Microsoft announces $13bln investment in Canada
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- Web Desk
- 41 Minutes ago
OTTAWA: The US-based Microsoft has announced a massive $13 billion investment in Canada, which will be completed over the next two years. According to the latest reports, this significant investment will fund numerous projects, particularly in the areas of artificial intelligence (AI) and advanced digital infrastructure across the country.
This initiative is expected to substantially enhance the capacity of local industries, strengthen the tech sector, and improve overall technological capabilities.
According to the company, the project will play a key role in boosting Canada’s economy and advancing modern technology.
This initiative is expected to significantly boost the productivity and innovation potential of local industries, support the growth of the tech sector, and accelerate the country’s digital transformation.
It may also create new opportunities in research, development, and high-skilled employment, further positioning Canada as a major hub for technological advancement.
According to Microsoft, the project reflects the company’s long-term commitment to supporting Canada’s economic growth and ensuring that modern technology becomes accessible to businesses, institutions, and communities nationwide.
Company officials emphasize that the investment will help strengthen Canada’s digital resilience and contribute to building a more competitive, future-ready economy.
Meanwhile, Microsoft also unveiled a $23 billion plan for new AI investments, with the bulk of the funding earmarked for India, underscoring the tech giant’s growing focus on one of the world’s fastest-growing digital markets.