30.04.2024 21:26:10 - dpa-AFX: Microsoft Announces $1.7 Bln Investment To Advance Indonesia's Cloud And AI Ambitions

REDMOND (dpa-AFX) - Microsoft Corp. (MSFT) on Tuesday announced it will
invest $1.7 billion into Indonesia over the next four years to build new cloud
and AI infrastructure.

The announcement came as CEO Satya Nadella met with Indonesian President Joko
Widodo on the same day.

Microsoft said the funds will also go toward training 840,000 Indonesians in AI
skills and supporting the local community of developers. According to Microsoft,
this represents the single largest investment in Microsoft's 29-year history in
the country.

'This new generation of AI is reshaping how people live and work everywhere,
including in Indonesia,' Nadella, chairman and CEO of Microsoft, said in a
statement.

'The investments we are announcing today - spanning digital infrastructure,
skilling, and support for developers - will help Indonesia thrive in this new
era,' said Nadella.

Microsoft also said it will partner with governments, organizations and
communities to provide AI skilling opportunities for 2.5 million people in
Association of Southeast Asian Nations member states by 2025.



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Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Microsoft Corp 870747 NASDAQ 423,289 15.05.24 20:33:19 +6,729 +1,62% 423,260 423,290 417,900 416,560

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