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Amazon and Microsoft are reportedly investing billions in India’s artificial intelligence (AI) efforts.
As the Financial Times (FT) reported Monday (June 17), India is offering incentives for tech companies to build there, hoping the country’s burgeoning technology market and massive pool of skilled workers will make it a major AI consumer and exporter.
The report notes that Microsoft has pledged around $3.7 billion to the southern Indian state of Telangana, where it will build data centers aimed at adding 660 megawatts of IT capacity — equivalent to the yearly electricity needs of about 500,000…