Summary
Microsoft announced on Wednesday, February 18, its intention to invest $50 billion by the end of the decade to expand Artificial Intelligence (AI) capabilities across developing nations in the 'Global South.' This major initiative was revealed at the AI Impact Summit in New Delhi, India, underscoring the tech giant's significant commitment to emerging digital markets, particularly after a $17.5 billion investment in India the previous year. The 'Global South' encompasses developing, emerging, or lower-income countries, predominantly in the southern hemisphere, and the summit gathered global AI leaders and world figures.