Microsoft will invest about $3 billion to expand capacity for artificial intelligence and its Azure cloud-computing services in India, CEO Satya Nadella said on Tuesday.

Today, Microsoft ( MSFT, Financial) announced a massive $3 billion investment to build out its artificial intelligence (AI) and Azure cloud computing capacity in India. On Tuesday at a conference in Bengaluru, CEO Satya Nadella described it as the company's "single largest expansion" in the country.

Microsoft (NASDAQ:MSFT) will invest $3B in India for cloud and AI infrastructure over the next two years. The company's Chairman and CEO Satya Nadella — who made the announcement during his Microsoft AI Tour in Bengaluru,

The company plans to grow the company’s Azure cloud business in India and set up new data centers.

Microsoft will invest about $3 billion to expand capacity for artificial intelligence (AI) and its Azure cloud-computing services in India, CEO Satya Nadella said at an event on Tuesday. (Reporting by Deborah Sophia in Bengaluru;

Microsoft Corp. plans to spend $3 billion to expand its cloud computing and artificial intelligence capabilities in India, targeting the world’s most populous country to fuel its revenue growth.