News Formal

Largest investment by Microsoft

  • 📰 staronline
  • ⏱ Reading Time:
  • 46 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 75%

Microsoft News

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.

 

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:

 /  🏆 4. in US

United States United States Latest News, United States United States Headlines

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

Anwar: Microsoft's new US$2.2bil investment is its largest single investment in MalaysiaMicrosoft pledged a US$2.2bil (RM10.48bil) investment in artificial intelligence and cloud computing in Malaysia on May 2 to help develop the country’s AI infrastructure.
Source: staronline - 🏆 4. / 75 Read more »

Microsoft investment is company’s largest single investment ever in Malaysia -- PM AnwarKUALA LUMPUR: The additional investment by Microsoft amounting to US$2.2 billion or RM10.5 billion in the country over the next four years is the larg...
Source: theSundaily - 🏆 25. / 51 Read more »