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Microsoft’s giant AI bet will lead to more than $100 billion in data center leases

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Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, April 30, 2024. Microsoft will invest $1.7 billion to build cloud computing and artificial intelligence infrastructure in Indonesia, betting on the largest Southeast Asian economy to stimulate growth. Dimas Ardian | Bloomberg | Getty Images AS Microsoft As investors … Read more

UAE $38.5 billion Cloud Computing Market Trends, Regional, Competition, Forecast and Opportunities, 2019-2023 and 2024-2029

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Dublin, Oct. 1, 2024 (GLOBE NEWSWIRE) — The “UAE Cloud Computing Market, by Region, Competition, Forecast and Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com offer. The UAE cloud computing market was valued at USD 6.55 billion in 2023 and is expected to reach USD 38.50 billion in 2029 at a CAGR of 34.14% during … Read more