Microsoft CEO pledges $1.7 bn AI, cloud investment in Indonesia

Microsoft's chief executive officer met the president of Indonesia on Tuesday, pledging a $1.7 billion investment in artificial intelligence and cloud computing to help develop the archipelago's AI infrastructure.with a population of around 280 million across its sprawling archipelago and there is a growing demand for data centres and AI tech in the region.

"The thing I am really excited to announce today is the expanded announcement of data centre investment, so $1.7 billion to bring the latest and greatest AI infrastructure to Indonesia," Nadella told a crowd, adding data centres would be built in Indonesia soon."We are going to lead this wave in terms of the next generation of AI infrastructure that's needed," he said.

Microsoft has been hugely rewarded by investors since it aggressively pushed into rolling out generative AI, starting with its $13 billion partnership with OpenAI, the creator of ChatGPT, in 2023.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

South African Antitrust Watchdogs to File Complaint Against Microsoft's Azure Cloud BusinessSouth African antitrust watchdogs are preparing to file a formal complaint against Microsoft's Azure cloud business, alleging that the tech giant is abusing its market power. The complaint accuses Microsoft of charging excessive fees for businesses to switch their cloud licenses to other vendors. This move could lead to a legal battle and a potential fine of up to 10% of Microsoft's revenue in South Africa.
Fuente: BusinessTechSA - 🏆 24. / 61 Leer más »

Cloud business boom sends Microsoft and Google shares surgingMicrosoft and Google trounced Wall Street estimates with their latest quarterly results, lifted by a surge in cloud revenue — fueled in part by booming use of AI services
Fuente: mybroadband - 🏆 11. / 67 Leer más »