Microsoft Announces US$2.2 Billion Investment To Empower Malaysia With Cloud And AI

  • 📰 LowyatNET
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 59%

Microsoft News

Business Business Latest News,Business Business Headlines

Microsoft today announced it will invest US$2.2 billion (~RM10.5 billion) over the next four years to support Malaysia’s digital transformation. It is the

Microsoft today announced it will invest US$2.2 billion over the next four years to support Malaysia’s digital transformation. It is the largest investment ever made by Microsoft in Malaysia since it started its operations in the country 32 years ago.

Investments will be made in the form of building digital infrastructure, creating AI skills opportunities, establishing a National AI Center of Excellence, and improving the country's cyber security capabilities. It is expected to provide an opportunity to 200,000 individuals in Malaysia to improve their skills in artificial intelligence.

Microsoft's chairman and CEO Satya Nadella, who also attended the Microsoft Build: AI Day event in Kuala Lumpur today, emphasised the company's commitment to supporting the country's AI transformation for the benefit of all Malaysians. By investing in digital infrastructure and skill development, the company aims to empower local businesses, communities, and developers to leverage the latest technology for inclusive economic growth and innovation across the nation.

Meanwhile, minister of investment, trade & industry Tengku Zafrul Abdul Aziz highlighted Microsoft's longstanding presence in Malaysia as a testament to a robust partnership built on trust. He added that this partnership underscores the country's emergence as an attractive destination for tech investment, attributed to its well-established semiconductor ecosystem and compelling value proposition as a global starting point.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS

Business Business Latest News, Business Business Headlines