Microsoft Pledges Record $2.2B for Malaysia Tech Expansion
May 2, 2024
Microsoft CEO Satya Nadella announces a $2.2 billion investment in Malaysia, the largest in Microsoft's history there.
The investment is set to enhance cloud and artificial intelligence services, including new infrastructure and AI training for 200,000 Malaysians.
Microsoft is also expanding in the ASEAN region with a new data center in Thailand and a $1.7 billion investment in Indonesia's cloud and AI capabilities.
The company aims to offer AI skills training to 2.5 million individuals across the ASEAN region by 2025.
Financial analysts maintain a positive outlook on Microsoft's stock, with a Strong Buy consensus from 33 Buys, one Hold, and one Sell.
Summary based on 35 sources
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Sources

Yahoo Tech • May 2, 2024
Microsoft to invest $2.2 billion in cloud and AI services in Malaysia
Yahoo Finance • May 2, 2024
Microsoft to invest $2.2 billion in cloud and AI services in Malaysia
Yahoo Finance • May 2, 2024
Microsoft CEO Pledges $2.2 Billion in Latest Asian AI Investment