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JAKARTA, Indonesia (AP) — Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the country — Microsoft CEO Satya Nadella said Tuesday.
Microsoft shares fell as much as 7% in extended trading on Tuesday as investors looked past better-than-expected earnings and revenue and focused instead on disappointing cloud results. But executives provided a dose of optimism when they predicted a cloud growth speed-up in the first half of 2025.
“We really want to make sure we have world class infrastructure right here in the country so that every organisation, every software developer, every start-up, can use it to really not only build for this country, but for the world and region,” Microsoft CEO Satya Nadella said in his keynote presentation at Microsoft’s AI Day in Kuala Lumpur on Thursday.
KUALA LUMPUR, Malaysia (AP) — 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.
Microsoft on Tuesday said it will pump $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.
JAKARTA -- Microsoft will invest $1.7 billion in new cloud and artificial intelligence infrastructure in Indonesia, Satya Nadella said as the chief of the U.S. tech giant began a tour of Southeast Asia on Tuesday.
(Reuters) -- Microsoft has appointed DeepMind co-founder Mustafa Suleyman as the head of a newly created consumer AI unit and hired several employees of his Inflection AI startup, seeking to defend its lead against rising competition from Google.
DAVOS, Switzerland -- Artificial intelligence, and how to regulate it, was overheard in more circles than ever before at this year's annual meeting of the World Economic Forum, known to host hundreds of discussions and speeches on wide-ranging topics, from diplomacy to environment to the latest technologies.