Microsoft to invest $2.9 billion to boost AI business in Japan

) will invest about $2.9 billion over the next two years to boost its artificial intelligence business in Japan, theThe U.S. tech firm will announce the plans soon when Japanese Prime Minister Fumio Kishida visits the United States, the Nikkei said in its interview with Microsoft President Brad Smith.

Under the plan, Microsoft will install advanced AI semiconductors at two existing facilities in eastern and western Japan, the report said. The company also plans to announce an AI-related reskilling program in Japan to train 3 million workers over three years, and to set up a new lab in Tokyo for research and development on robotics and AI, the report said.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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