Amazon, Microsoft pledge mega AI investments in India

Amazon and Microsoft have pledged a combined $52.5 billion investment in India to boost the country's AI ecosystem. Amazon plans to invest $35 billion by 2030 in AI-driven digitization, while Microsoft committed $17.5 billion towards strengthening the AI ecosystem in the country. These investments come as India sees a surge in tech investments, positioning itself as an emerging hub for AI and cloud infrastructure. Prime Minister Narendra Modi expressed optimism about India's potential in AI following discussions with tech CEOs.