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Microsoft invests 2.2 billion in Malaysia: AI and cloud in focus
Microsoft is investing billions more in AI! Find out how the tech giant is pouring billions into cloud and AI services in Malaysia to advance the country's technology. #Microsoft #AI #Billion investment
Microsoft invests 2.2 billion in Malaysia: AI and cloud in focus
Microsoft, a leading technology giant, is accelerating its investments in the field of artificial intelligence (AI). In a recent announcement, the company revealed plans to invest a total of $2.2 billion in Malaysia. This significant financial injection will go towards expanding cloud and AI services over a period of four years. It is the largest single investment in Malaysia's 32-year history.
The investment aims to build comprehensive digital infrastructure, create AI skills training opportunities, establish a national AI competence center and improve cybersecurity capabilities. Microsoft Chairman and CEO Satya Nadella highlighted the company's commitment to Malaysia's AI transformation, noting that this investment is intended to benefit all Malaysians.
Microsoft plans to equip around 200,000 Malaysians with the skills needed to successfully navigate the AI era. The initiative has been met with enthusiasm from government officials, including Malaysia's Prime Minister Anwar Ibrahim and Investment, Trade and Industry Minister Tengku Datuk Seri Utama Zafrul Abdul Aziz. Microsoft's long-standing presence in Malaysia is seen as evidence of a trusting partnership between the company and the country.
This investment in Malaysia is part of Microsoft's increased efforts to advance generative AI technologies in Asia. More recently, the company also announced investments in Indonesia and the opening of a regional data center in Thailand. Microsoft shares witnessed positive developments in the stock market, indicating investor confidence in the company's future growth prospects.