The US-headquartered technology firm’s chief executive further said that the tech giant will also train 10 million people in AI skills in India by 2030, as part of the second edition of the tech company’s ADVANTA(I)GE India programme.

Microsoft CEO Satya Nadella on Tuesday said the company plans to invest $3 billion in India on AI and cloud infrastructure over the next two years.

"Glad to know about Microsoft's ambitious expansion and investment plans in India. It was also wonderful discussing various aspects of tech, innovation and AI in our meeting," Narendra Modi said.

Microsoft will invest around $3 billion in expanding artificial intelligence (AI) and cloud computing capacity in India. CEO Satya Nadella announced the investment commitment during the Microsoft AI Tour in Bengaluru earlier today, January 7.

Investment aims to accelerate AI innovation in the country, which is pivotal for achieving Prime Minister Narendra Modi's vision of becoming a developed nation (Viksit Bharat) by 2047

Microsoft will invest about $3 billion to expand capacity for artificial intelligence (AI) and its Azure cloud-computing services in India, CEO Satya Nadella said at an event on Tuesday. (Reporting by Deborah Sophia in Bengaluru;

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.