Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in Malaysia.
In this photo provided by Malaysia Prime Minister Office, Malaysia's Prime Minister Anwar Ibrahim , right, shakes hands with Microsoft CEO Satya Nadella at the prime minister's office in Putrajaya, Malaysia, Thursday, May 2, 2024. – Microsoft is investing $2.2 billion over the next four years in Malaysia's new cloud and artificial intelligence infrastructure as well as partnering with the government to establish a national AI center, its CEO Satya Nadella said Thursday.
Nadella earlier met Prime Minister Anwar Ibrahim, who said the investment will be the key support pillar for the government's goal to enhance AI capacity in Malaysia. Microsoft runs one of the world’s largest cloud computing operations and has taken a leap into artificial intelligence through its partnership with OpenAI, developers of ChatGPT.helping lift its profits by 20%Microsoft sees Southeast Asia, with its population of over 600 million people, as a growing market and potential location for more AI product development. A study held by global consulting firm Kearney said AI could contribute nearly $1 trillion to Southeast Asia’s GDP by 2030.
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