Microsoft announces $2.2 bn AI, cloud investment in Malaysia

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Microsoft announces $2.2 bn AI, cloud investment in Malaysia
MicrosoftMalaysia
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Satya Nadella is on a three-nation tour of Southeast Asia -- Indonesia, Thailand and Malaysia

Microsoft pledged a $2.2 billion investment in artificial intelligence and cloud computing in Malaysia on Thursday to help develop the country's AI infrastructure.

It said the cash would help to build AI and cloud infrastructure in Malaysia, creating an AI centre of excellence and giving AI training to as many as 200,000 Malaysians. He also confirmed the investment in his keynote speech, saying he was "really pleased" to announce the expansion. Research by global consulting firm Kearney showed AI was poised to contribute $1 trillion to Southeast Asia's gross domestic product by 2030, with Malaysia predicted to see more than a tenth of that, the statement said.

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