Global tech giant Microsoft says it is making “landmark” spending in Canada with $7.5 billion set to go towards developing artificial intelligence capacity in Canada, according to a statement on Tuesday.

The $7.5 billion will be invested over the next two years, bringing Microsoft’s total AI investment in Canada between 2023 and 2027 to $19 billion.

“Today we are announcing the most important commitment in Microsoft Canada’s history. We’re adding to our investments—with a total of $19 billion CAD between 2023 and 2027, including more than $7.5 billion CAD in the next two years,” the company said.

“We’re building new digital and AI infrastructure needed for the nation’s growth and prosperity, with new capacity beginning to come online in the second half of 2026.”

Microsoft says the

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