Microsoft announces $2.2 bn AI investment in Malaysia

  • 📰 rtenews
  • ⏱ Reading Time:
  • 27 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 99%

News News

World,Malaysia,Microsoft

Microsoft pledged a $2.2 billion (€2 billion) investment in artificial intelligence and cloud computing in Malaysia to help develop the country's AI infrastructure.

Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia to help develop the country's AI infrastructure.

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. He also confirmed the investment in his keynote speech, saying he was"really pleased" to announce the expansion. Research by global consulting firm Kearney showed AI was poised to contribute $1 trillion to Southeast Asia's gross domestic product by 2030, with Malaysia predicted to see more than a tenth of that, the statement said.

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:

 /  🏆 1. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Microsoft results top targets, driven by AI investmentMicrosoft has beaten Wall Street estimates for third-quarter revenue and profit driven by gains from adoption of artificial intelligence across its cloud services.
Source: RTEbusiness - 🏆 16. / 61 Read more »