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home / articles / kenya set for digital revolution microsoft and g42 s mwn benzinga


XLK - Kenya Set For Digital Revolution: Microsoft And G42's Investment In AI And Cloud Infrastructure | Benzinga

Microsoft Corp. (NASDAQ:MSFT) and G42, an Artificial Intelligence company, announced a significant digital investment in Kenya, partnering with the Republic of Kenya’s Ministry of Information, Communications, and the Digital Economy.

The initiative includes a $1 billion investment, aimed at transforming Kenya’s digital landscape.

G42 will oversee the creation of a state-of-the-art green data center in Kenya, running Microsoft Azure in a new East Africa Cloud Region. 

The investment package, developed with the Kenyan government, the U.S., and the United Arab Emirates, aims to foster local-language AI model development, establish an East Africa Innovation Lab, enhance digital skills training, and improve connectivity infrastructure, 

The data center, to be located in Olkaria, Kenya, will operate on renewable geothermal energy and feature advanced water conservation technology. 

The facility will support Microsoft Azure services in the new East Africa Cloud Region, expected to be operational within 24 ...

Full story available on Benzinga.com

Stock Information

Company Name: SPDR Select Sector Fund - Technology
Stock Symbol: XLK
Market: NYSE

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