Microsoft’s Australian data centres have begun to reap the benefits of the artificial intelligence boom, swinging from a loss to a healthy profit as the tech giant invests in buildings and computer servers after committing $25 billion to the local market.
Microsoft Datacentre (Australia) Pty Limited, the entity that manages the global tech giant’s growing local data centre footprint, delivered a $326 million profit in the year to June 30, up from a $5.6 million loss the prior year.
Gift articles to anyone you choose each month when you subscribe.