Microsoft adds $2B to its Gulf spending through 2030
Microsoft has committed $10B through 2030 across Saudi Arabia, Kuwait, Qatar and the United Arab Emirates, of which roughly $2B is new and the rest was pledged for the UAE last year. Europe is meanwhile legislating to keep American cloud providers away from sensitive public sector data.
Microsoft will spend $10B through 2030 across Saudi Arabia, Kuwait, Qatar and the United Arab Emirates, Bloomberg reported. About $2B of that is new. The rest is the $7.9B it pledged for the UAE last year.
The timing carries the meaning.
This is the company’s first substantial update on the region since war broke out with Iran, and the money covers capital and operating costs for cloud computing, AI and data centre operations. President Brad Smith set it out in a blog post timed to the United Nations General Assembly. Washington has pushed the region to buy American rather than Chinese technology.
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