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EU, Meta Agree to July Stress Test on EU Online Content Rules

EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
TT
TT

EU, Meta Agree to July Stress Test on EU Online Content Rules

EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
EU flag and Meta logo are seen in this illustration taken, May 22, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Meta (META.O) and the European Union (EU) have agreed on a stress test in July on the EU's online content rules, following EU industry chief Thierry Breton's demand that the social media platform act immediately over Meta's content targeting children.

"Productive discussion with Meta CEO Mark Zuckerberg in Menlo Park on EU digital rules: DSA, DMA & AI Act," Reuters quoted Breton's tweet.

"1,000 Meta employees are working on the Digital Services Act (DSA)," it added.

Breton had earlier in June said that Meta would have to demonstrate the measures it plans to take to comply with European Union online content rules known as the Digital Services Act (DSA) after Aug. 25 or face heavy sanctions.

The DSA bans certain types of targeted advertisements on online platforms such as those meant for children or when they use special categories of personal data, such as ethnicity, and political views.

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Microsoft to Invest $3 Bln to Expand AI, Cloud Capacity in India

26 March 2021, Bavaria, Munich: The Microsoft logo hangs on the facade of an office building in Parkstadt Schwabing in the north of the Bavarian capital. (dpa)
26 March 2021, Bavaria, Munich: The Microsoft logo hangs on the facade of an office building in Parkstadt Schwabing in the north of the Bavarian capital. (dpa)
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Microsoft to Invest $3 Bln to Expand AI, Cloud Capacity in India

26 March 2021, Bavaria, Munich: The Microsoft logo hangs on the facade of an office building in Parkstadt Schwabing in the north of the Bavarian capital. (dpa)
26 March 2021, Bavaria, Munich: The Microsoft logo hangs on the facade of an office building in Parkstadt Schwabing in the north of the Bavarian capital. (dpa)

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.

The tech giant is the latest to pledge investment in India, a country seen as a key growth market for US technology companies thanks to its population of more than 1.4 billion people and low-cost internet access.

Executives ranging from Nvidia chief Jensen Huang to Meta's chief AI scientist Yann LeCun have visited India in recent months.

The $3 billion investment in India would be the "single largest expansion" done in the country, Nadella said at a conference in the southern Indian city of Bengaluru.

Microsoft will also train 10 million people in AI in India by 2030, Nadella said.

When Nadella visited India early last year, he announced the company will provide 2 million people in the country with AI skilling opportunities by 2025, focused on training individuals in smaller cities as well as rural areas.

Nadella met Indian Prime Minister Narendra Modi on Monday, and the pair discussed "tech, innovation and AI" and "Microsoft's ambitious expansion and investment plans in India."

Microsoft has been pouring billions of dollars into expanding capacity across the globe to boost AI infrastructure and its data-center network.

The company last week unveiled plans to invest about $80 billion in fiscal 2025.

The investment, more than half of which will be in the United States, will focus on developing data centers to train AI models and deploy AI and cloud-based applications.