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Microsoft CEO Pledges $2.2 Billion in Latest Asian AI Investment

May 02, 2024 - bloomberg.com
Microsoft Corp. plans to invest $2.2 billion in Malaysia to build digital infrastructure, focusing on cloud computing and artificial intelligence services. The investment, which will be spread over four years, is part of Microsoft's strategy to capitalize on Asia's growing tech market.

In addition to infrastructure development, Microsoft will also provide AI training to 200,000 Malaysians and collaborate with the local government to enhance the country's cybersecurity capabilities. This announcement was made by Microsoft's CEO, Satya Nadella, during his visit to Kuala Lumpur.

Key takeaways:

  • Microsoft Corp. is investing $2.2 billion in building digital infrastructure in Malaysia.
  • The investment is part of Microsoft's larger focus on Asia as a growing technology market.
  • The funds will be used over four years to construct infrastructure for cloud computing and artificial intelligence services.
  • Microsoft will also provide AI training to 200,000 people in Malaysia and collaborate with the government to enhance the nation's cybersecurity capabilities.
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