Largest investment by Microsoft

📆 02/05/2024 08:49 p. m.
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Microsoft Noticias

Satya Nadella,Investment

WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said on Thursday nearly 40% of U.S. telecom companies getting federal support need additional government funding to remove equipment made by Chinese telecoms firms Huawei and ZTE from American wireless networks to address security risks.

KUALA LUMPUR: Microsoft will invest US$2.2bil in the country’s cloud and artificial intelligence over the next four years, says its chairman and chief executive officer Satya Nadella.

Satya noted that the investment will enable Microsoft to meet the growing demand for cloud computing services in Malaysia and allow the country to capitalise on the significant economic and productivity opportunities presented by the latest AI technology. “We ground ourselves in our mission to empower every person and organisation in Malaysia to be able to achieve more. To that end, we are building a complete cloud infrastructure.

Malaysia is a rapidly growing market on GitHub, the Microsoft-owned software development, collaboration and innovation platform with almost 680,000 of the nation’s developers using GitHub in 2023, representing 28% year-on-year growth, Satya added.Meanwhile, Prime Minister Datuk Seri Anwar Ibrahim said the additional US$2.2bil investment by Microsoft in the country over the next four years is the largest single investment by the company in its 32 years in Malaysia.

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