Microsoft will invest $2.2 billion in cloud and AI services in Malaysia

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Artificial Intelligence News

Anwar Ibrahim,Malaysia,Microsoft Corp

Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in Malaysia. It marks Microsoft’s single largest investment in the country, as the tech giant seeks to bolster support for AI development in the region and worldwide.

In this photo provided by Malaysia Prime Minister Office, Malaysia ’s Prime Minister Anwar Ibrahim , right, shakes hands with Microsoft CEO Satya Nadella at the prime minister’s office in Putrajaya, Malaysia , Thursday, May 2, 2024. In this photo provided by Malaysia Prime Minister Office, Malaysia ’s Prime Minister Anwar Ibrahim , right, meets with Microsoft CEO Satya Nadella at the prime minister’s office in Putrajaya, Malaysia , Thursday, May 2, 2024.

“We are committed to supporting Malaysia’s AI transformation and ensure it benefits all Malaysians,” he said. “Our investments in digital infrastructure and skilling will help Malaysian businesses, communities and developers apply the latest technology to drive inclusive economic growth and innovation across the country.”during his visit there as part of his Southeast Asia tour. On Wednesday, he said Microsoft will build its first regional data center in Thailand.

The new investment will include AI training for another 300,000 people, the establishment of a national AI center of excellence, enhancing the nation’s cybersecurity capabilities and supporting the growth of Malaysia’s developer community, Anwar said on Facebook. Microsoft sees Southeast Asia, with its population of over 600 million people, as a growing market and potential location for more AI product development. A study held by global consulting firm Kearney said AI could contribute nearly $1 trillion to Southeast Asia’s GDP by 2030. Indonesia is expected to capture $366 billion of the total and Malaysia $115 billion.

Anwar Ibrahim Malaysia Microsoft Corp Generative AI Satya Nadella Cloud Computing General News Business Indonesia I Thailand Technology F Japan World News

 

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