Investment signals rise in regional tech landscape

KUALA LUMPUR: Microsoft’s decision to invest in Malaysia shows that Malaysia is recognised as a preferred hub in South-East Asia, simultaneously reinforcing the region’s position as an important growth market.), this demonstrated Microsoft’s confidence in South-East Asia, and Malaysia’s strategic position as a gateway for growth.

“Microsoft’s investment in the infrastructure over the next four years will upskill 300,000 Malaysians and accelerate the nation’s digital transformation journey,” Tengku Zafrul said.Earlier, the ministry said that the multinational move also supports Malaysia’s national initiative to embrace new enabling technology, including AI and generative AI, which could unlock US$113.4bil in productive capacity in Malaysia.

Meanwhile, the Malaysian Investment Development Authority said that Microsoft’s ongoing investment in Malaysia underscores the country’s allure as a prime digital investment destination, boasting a compelling ecosystem for companies looking to establish operations in the region. “We look forward to continuing to work with Microsoft to foster innovation in startups, create jobs, and harness the transformative power of artificial intelligence for the betterment of Malaysian society,” he said in a statement yesterday.Microsoft’s substantial US$2.2bil investment in cloud and AI infrastructure over the next four years, aligned with the “Bersama Malaysia” initiative launched in 2021.

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