exchanges the goldman sacks podcast featuring exchanges on the forces driving the markets and the

economy exchanges between the leading minds at goldman sacks new episodes every week.

Listen now.

Here is your TnB Tech Minute for Thursday, October 3rd.

I'm Zoe Thomas for the Wall Street Journal.

Microsoft plans to spend about 4.8 billion dollars over the next two years in cloud and

artificial intelligence infrastructure in Italy, its largest investment in the

country to date.

U.S. tech giants have been bolstering their presence overseas amid booming demand for

AI services.

Microsoft Vice Chair and President Brad Smith said expanding access to AI technology would

benefit the Italian government, businesses, and the broader workforce.

In a statement, the Italian government said the Prime Minister welcome to the funding pledge.

The investment will make Northern Italy one of Microsoft's largest cloud regions in Europe, the company says.

Soft Bank CEO Masayoshi Sun says he believes artificial general intelligence,

where computers have human-level abilities will be achieved in two to three years.

Sun reiterated his bullish forecasts for AI at the Soft Bank World 2024 Conference.

Soft Bank invested $500 million in Open AI's recent $6.6 billion funding round,

that's according to people familiar with the matter.

News Corp, owner of the Wall Street Journal, has a content licensing partnership with

Open AI.

And companies rarely saw more than a slight dip in their share price immediately after disclosing a cyber

...