Microsoft to invest $2.7B to foster AI ecosystem in Brazil

Sep. 26, 2024 2:21 PM ETMicrosoft Corporation (MSFT) StockBy: Preeti Singh, SA News Editor3 Comments
(1min)
Microsoft France headquarters entrance in Issy les Moulineaux near Paris

Jean-Luc Ichard/iStock Editorial via Getty Images

Microsoft (NASDAQ:MSFT) on Thursday announced plans to invest R$14.7 billion ($2.70 billion) in Brazil over three years to foster the development of an artificial intelligence ​​ecosystem in the South American country.

This marks the largest single investment in the tech

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