Microsoft To Invest USD 2.2 Billion in AI and Cloud in Malaysia By CIOTechOutlook Team

Microsoft To Invest USD 2.2 Billion in AI and Cloud in Malaysia

CIOTechOutlook Team | Thursday, 02 May 2024, 10:56 IST

Microsoft, a US-based technology firm, promised USD 2.2 billion in artificial intelligence and cloud computing funding in Malaysia to assist with fostering the country's artificial intelligence framework.

Microsoft CEO Satya Nadella is on a three-country visit through Southeast Asia - Indonesia, Thailand, and Malaysia to report a scope of interests in data centers, cloud services, and Artificial intelligence (AI).

"Today, Microsoft announced it will invest $2.2 billion over the next four years to support Malaysia's digital transformation -- the single largest investment in its 32-year history in the country," it said in a statement released as Nadella gave a keynote speech in Kuala Lumpur.

It said the money would assist with building a cloud foundation and AI in Malaysia, making AI a focal point of greatness, and giving AI training to upwards of 200,000 Malaysians.

"We are committed to supporting Malaysia's AI transformation and ensure it benefits all Malaysians," Nadella said in the statement.

"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."

He affirmed the interest in his feature discourse, saying he was "really pleased" to declare the extension.

"We really want to make sure that we have world-class infrastructure right here in the country so that every organisation, every software developer, every start-up, can use it to really not only to build for this country, but for the world and the region," he told the crowd.