Microsoft announces $2.2 bn AI, cloud investment in Malaysia

Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia on Thursday to help develop the country's AI infrastructure.giant's chief executive Satya Nadella is on a three-nation tour of Southeast Asia -- Indonesia, Thailand and Malaysia -- to announce a range of investments in data centres, AI and cloud services.

It said the cash would help to build AI and cloud infrastructure in Malaysia, creating an AI centre of excellence and giving AI training to as many as 200,000 Malaysians."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.

"Microsoft's development of essential cloud and AI infrastructure, together with AI skilling opportunities, will significantly enhance Malaysia's digital capacity," Malaysian Trade Minister Zafrul Abdul Aziz said in the statement.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft CEO pledges $1.7 bn AI, cloud investment in IndonesiaMicrosoft'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.
Source: brieflyza - 🏆 10. / 68 Read more »

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
Source: mybroadband - 🏆 11. / 67 Read more »

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.
Source: BusinessTechSA - 🏆 24. / 61 Read more »