Microsoft's Record $2.2B AI and Cloud Boost for Malaysia's Digital Future

May 4, 2024
Microsoft's Record $2.2B AI and Cloud Boost for Malaysia's Digital Future
  • Microsoft CEO Satya Nadella commits $2.2 billion to AI and cloud computing in Malaysia, the company's largest investment in the country in 32 years.

  • The initiative aims to support Malaysia's digital transformation and includes the creation of an AI centre of excellence and AI training for 200,000 Malaysians.

  • Malaysian Prime Minister Anwar Ibrahim heralds the investment as a sign of confidence in the nation's investment appeal and political stability.

  • The investment plan aligns with Microsoft's recent boosts in cloud and AI infrastructure in other Southeast Asian countries.

  • Microsoft's push into AI has already seen a 17% rise in sales and a 20% increase in net profit.

  • Over four years, the investment will enhance Malaysia's cloud and AI infrastructure, cybersecurity, and will establish a national AI Centre of Excellence.

  • Microsoft's broader ASEAN commitment includes AI training for 2.5 million people by 2025, with a significant focus on Malaysia.

  • The Malaysian government, including Trade Minister Zafrul Aziz, views the investment as a key driver for the digital growth of SMEs in Malaysia.

Summary based on 30 sources


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