Microsoft announces $2.2 billion investment in AI, cloud in Malaysia: statement

Microsoft announces $2.2 billion investment in AI, cloud in Malaysia: statement

KUALA LUMPUR, May 2, 2024 (BSS/AFP) – Microsoft announced on Thursday that it has committed to investing $2.2 billion in artificial intelligence and cloud computing in Malaysia to support the country’s AI infrastructure development.

The tech giant’s CEO, Satya Nadella, is traveling to three Southeast Asian countries – Indonesia, Thailand and Malaysia – to announce wide-ranging investments in data centres, AI and cloud services.

“Microsoft today announced that it will invest $2.2 billion over the next four years to support Malaysia’s digital transformation, making it the single largest investment in the company’s 32-year history in the country.” This was said in a statement released in conjunction with CEO Satya Nadella’s keynote speech. Speech in Kuala Lumpur.

He said the funding will help build AI and cloud infrastructure in Malaysia, create an AI center of excellence and provide AI training to as many as 200,000 Malaysians.

“We are committed to supporting Malaysia’s AI transformation and ensuring that it benefits all Malaysians,” Nadella said in a statement.

“Our investments in digital infrastructure and skills will help Malaysian businesses, communities and developers apply the latest technologies to drive inclusive economic growth and innovation across the country.”

He also acknowledged the investment in his keynote address, saying he was “really happy” to announce the expansion.

The pledge comes after he announced this week a $1.7 billion investment in Indonesia and Thailand’s first data center regions to strengthen cloud and artificial intelligence infrastructure.

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