Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia

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Indonesia News

Microsoft Corp,Artificial Intelligence,Satya Nadella

Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country. That's according to Microsoft CEO Satya Nadella, who was visiting the country and met Indonesian President Joko Widodo on Tuesday.

Microsoft CEO Satya Nadella speaks during an event titled “Microsoft Build: AI Day” in Jakarta, Indonesia , Tuesday, April 30, 2024. Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Nadella said Tuesday.

“The investments we are announcing today — spanning digital infrastructure, skilling, and support for developers — will help Indonesia thrive in this new era,” he said. Microsoft sees Southeast Asia as a growing market and potential location for more AI product development. The rise of AI in the region is expected to significantly impact its economic landscape. A study held by Kearney, a global consulting firm, said that AI could contribute nearly $1 trillion to Southeast Asia’s GDP by 2030, of which Indonesia is expected to capture $366 billion.

Indonesia is home to the third-largest developer community in the Asia-Pacific region after India and China. More than 3.1 million developers in Indonesia usefor software development, collaboration, and innovation. It is projected to be one of the top five developer communities on GitHub globally by 2026.

Source: News Formal (newsformal.com)

Microsoft Corp Artificial Intelligence Satya Nadella Indonesia Government General News International News Finance Business Technology Netherlands Government Cloud Computing World News Business Joko Widodo World News

 

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