Microsoft plans to invest $3.2 billion (A$5 billion) in expanding AI and cloud computing capabilities in Australia over two years. This initiative will boost computing capacity by 250%, addressing the growing demand for cloud computing and AI applications. Microsoft aims to train 300,000 Australians in digital skills and enhance cybersecurity in partnership with the Australian Signals Directorate. Australian Prime Minister Anthony Albanese welcomed the investment, emphasizing the importance of preparing the workforce for the digital economy. This move aligns with Australia's efforts to address AI regulation and its potential economic impact. Australia, despite its current absence of AI-specific regulations, has initiated public consultations in 2022 regarding AI regulation. This move is in response to the fast automation developments and follows Microsoft-supported OpenAI's introduction of the lifelike language program ChatGPT in 2022.