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Expansion● Neutral for Indian equities
Microsoft plans $10 billion-plus Gulf investment with focus on resilience
The brief
- Microsoft plans to invest over $10 billion by 2030 in UAE, Saudi Arabia, Qatar and Kuwait
- The investment will support cloud and AI infrastructure, with a focus on digital resilience
- Wall Street rises as investors buy AI stocks; Microsoft rallies
- Bill Gates warns AI could enable events causing a billion deaths
- Big AI reset ahead? Chris Wood doubts hyperscalers’ $990 bn capex estimates, highlights India’s reverse AI trade advantage