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

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Microsoft CEO pledges $1.7 bn AI, cloud investment in Indonesia
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JAKARTA: Microsoft’s chief executive officer pledged a $1.7 billion investment in artificial intelligence and cloud computing to help develop Indonesi...

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: Microsoft’s chief executive officer pledged a $1.7 billion investment in artificial intelligence and cloud computing to help develop Indonesia’s AI infrastructure after a meeting with the archipelago’s president on Tuesday.

“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. Microsoft said in a statement the investment would be over four years. Dharma Simorangkir, Microsoft Indonesia’s president director, said it “sets a new milestone for Indonesia’s digital landscape.”

Budi told reporters Jakarta was lobbying Microsoft to open a research and development centre in Indonesia, including in the planned new capital Nusantara that is due to open from August.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.

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