Hi all, it’s Jackie right here in Sydney. Microsoft goals to enhance the nation’s AI and tech capabilities. But first…
Today’s must-reads:
• Gender inequality is costly, taskforce finds
• Australia is world’s most unstable energy market
• Ackman, Gross ditch bearish view on bonds
Microsoft will make investments A$5 billion in Australia to extend its cloud computing and AI infrastructure over the following two years. It’ll increase information facilities in Canberra, Sydney and Melbourne by 45% — to 29 websites from 20. The announcement comes as Prime Minister Anthony Albanese is within the US for a four-day official go to, the place he’s anticipated to deal with crucial minerals and tech innovation.