Info-tech

Microsoft Philanthropies to donate $1 billion of cloud services

Alka Kshirsagar Pune | Updated on January 19, 2018 Published on January 20, 2016

As part of the initiative announced by Microsoft CEO Satya Nadella to ensure that Microsoft’s cloud computing resources serve the public good, Microsoft Philanthropies will donate $1 billion of Microsoft Cloud Services, measured at fair market value, to serve non-profits and university researchers over the next three years.

Microsoft Philanthropies is a new organisation formed within the company in December 2015 that is focused on driving digital inclusion and empowerment around the world.

“Microsoft is empowering mission-driven organisations around the planet with a donation of cloud computing services, the most transformative technologies of our generation,” Nadella, who on Wednesday will speak at the World Economic Forum in Davos, said in a statement.

“Now more than 70,000 organisations will have access to technology that will help them solve our greatest societal challenges and ultimately improve the human condition and drive new growth equally,” he added.

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Published on January 20, 2016
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