Microsoft to make $2.7 billion cloud, AI investments in Brazil

The amount is the largest-ever investment to be announced at once in Brazil by Microsoft, which said massive adoption of AI could add as much as 4.2% points to Brazil's economic growth by the end of the decade. The company said it will expand its cloud and AI infrastructure in several datacenters in Sao Paulo state and offer AI training to some 5 million people over the next three years.