Microsoft Invests $1.7 Billion in Indonesia AI
JAKARTA, Indonesia (NEWSnet/AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia.
It's the single largest investment in Microsoft’s 29-year history in the country, Microsoft CEO Satya Nadella said Tuesday.
Microsoft runs one of the world’s largest cloud computing operations and has taken a significant step into artificial intelligence by incorporating an AI chatbot into its search engine, Bing.
Microsoft sees Southeast Asia as a growing market and potential location for more AI product development. The rise of AI in the region is expected to significantly impact its economic landscape.
A study held by Kearney, a global consulting firm, said that AI could contribute nearly $1 trillion to Southeast Asia’s GDP by 2030, of which Indonesia is expected to capture $366 billion.
The investment announced Tuesday will include AI training for 840,000 people, as well as support for Indonesia’s growing community of tech developers.
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