• Fri. May 17th, 2024

Microsoft to invest $2.2 billion in AI and cloud technology in Malaysia

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May 2, 2024

During his visit to Kuala Lumpur, Microsoft CEO Satya Nadella announced that the company will invest $2.2 billion in artificial intelligence and cloud infrastructure in Malaysia. This investment is part of Microsoft’s efforts to support the country’s digital transformation, following similar announcements in Indonesia and Thailand. The plans also include establishing an AI Centre of Excellence and providing education and training to 200,000 people in Malaysia.

Nadella expressed Microsoft’s commitment to helping Malaysia with its AI transformation and ensuring that it benefits all Malaysians. The investments in digital infrastructure and skills training aim to help businesses, communities, and developers in Malaysia apply the latest technology to drive inclusive economic growth and innovation throughout the country. Malaysia’s minister of investment, trade, and industry, Zafrul Abdul Aziz, emphasized the importance of the partnership with Microsoft and how it reflects Malaysia’s growing reputation as a tech investment destination.

The development of essential cloud and AI infrastructure, as well as AI skilling opportunities, will enhance Malaysia’s digital capacity and further establish its position in the global tech landscape. Together with Microsoft, Malaysia looks forward to creating more opportunities for SMEs and providing better-paying jobs for its people as the country embraces the AI revolution to accelerate its digitally empowered growth journey.

Microsoft’s recent investments in AI and cloud services in Indonesia and Thailand, as well as other regions like Japan and the United Arab Emirates, are part of the company’s efforts to support the development of AI worldwide. The potential impact of AI on Southeast Asia’s GDP is significant, with estimates suggesting that it could contribute nearly $1 trillion by 2030. Microsoft aims to play a key role in driving this growth and supporting the region’s technological advancement and innovation.

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