Microsoft announces $2.2b investment to support AI dev in Malaysia

Microsoft announced on Thursday that it will invest 2.2 billion U.S. dollars over the coming four years in Malaysia to fuel Malaysia's cloud and artificial intelligence (AI) transformation. reported Xinhua.

The investment is expected to generate large amounts of AI training opportunities and build cloud and associated infrastructure in Malaysia, the company said in a statement following the launch of the AI National Leadership Forum here.

"The investment demonstrates Microsoft's commitment to developing Malaysia as a hub for cloud computing and related advanced technologies, including generative AI. This will support the nation's productivity, competitiveness, resilience, and economic growth," it said.

Microsoft Chairman and CEO Satya Nadella reiterated the company's commitment to supporting Malaysia's AI transformation, assuring that the investments will benefit a broad range of Malaysians.