Microsoft is making significant investments in Windows Azure Infrastructure-as-a-Service (IaaS). One of the primary scenarios is running SharePoint on Windows Azure virtual machines. In this session you will learn how to build development SharePoint instances and full SharePoint farms on the new persistent VM role. You will also learn how to fully automate the creation of the farms using PowerShell. In addition to how to build a SharePoint farm, this session will discuss how you can build SharePoint Farms that call on-premise services.
More information here: http://channel9.msdn.com/Events/TechEd/Europe/2012/OSP334