TECH - Microsoft Commits $2.2B Investment In Malaysia's Cloud And AI Services Largest In 32 Years | Benzinga
Microsoft Corp (NASDAQ:MSFT) has announced a $2.2 billion investment in Malaysia’s cloud and artificial intelligence (AI) services over the next four years.
What Happened: Microsoft’s investment is its largest in Malaysia in 32 years. The investment will be used to expand cloud and AI infrastructure, provide AI-skilling opportunities for 200,000 people, and support the country’s developers, Reuters reported.
"We want to make sure we have world-class infrastructure right here in the country so that every organization and start-up can benefit," said Microsoft CEO Satya Nadella during a visit to Kuala Lumpur.
The investment will also involve collaboration with the Malaysian government to establish a ...