AI News Investors Should Not Miss

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2. Microsoft Corporation (NASDAQ:MSFT)

Number of Hedge Fund Holders: 279

Microsoft Corporation (NASDAQ:MSFT) is a Washington-based technology company. The company announced earlier this week that it would be investing $2.7 billion in Brazil over the course of three years as part of an effort to foster the development of an artificial intelligence ​​ecosystem in the South American country. When completed, the investment would be the biggest single investment for Microsoft Corporation (NASDAQ:MSFT) in Brazil.

The money would be directed towards the expansion of cloud and AI infrastructure across multiple datacenter campuses. The firm will also launch a ConnectAI program to provide AI skills training to 5 million people, with the goal of addressing the AI-driven workforce shift.

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