Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
Thursday, 2 May 2024 () Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in Malaysia. It marks Microsoft’s single largest investment in the country, as the tech giant seeks to bolster support for AI development in the region and worldwide. Nadella this week also announced a $1.7 billion investment in cloud and AI services in Indonesia and said Microsoft will build its first regional data center in Thailand. Last month, Nadella also announced investments in Japan and the United Arab Emirates. Microsoft runs one of the world’s largest cloud computing operations and has taken a leap into artificial intelligence through its partnership with OpenAI, developers of ChatGPT.
Microsoft Corporation (NASDAQ: $MSFT) is a global technology company that designs, manufactures, licenses, supports, and sells software, services, devices, and solutions worldwide. It is known for products like Windows OS and Azure cloud services, as well as gaming and AI offerings.
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