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Microsoft (MSFT) Stock; Edges Up on Massive $18B Australia Cloud Expansion Deal

Microsoft (MSFT) Stock; Edges Up on Massive $18B Australia Cloud Expansion Deal

Microsoft has committed nearly $18 billion to expand its AI and cloud infrastructure across Australia through 2029. The investment includes cybersecurity enhancements with Australian agencies and a workforce initiative to train three million Australians in AI skills by 2028. This deal boosts Microsoft’s global cloud dominance amid ongoing digital sovereignty debates.

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