Microsoft to invest RM10.5B in cloud and AI infrastructure in MY
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Microsoft will invest US$2.2 billion (RM10.5 billion) to advance new cloud and AI infrastructure in Malaysia over the next four years as it aims to support Malaysia’s digital transformation.
The investment includes building digital infrastructure, creating AI skilling opportunities for 200,000 people in Malaysia, establishing a national AI Centre of Excellence and enhancing the nation’s cybersecurity capabilities.
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“We are committed to supporting Malaysia’s AI transformation and ensure it benefits all Malaysians,” said Satya Nadella, chairman and CEO, Microsoft.
“Our investments in digital infrastructure and skilling will help Malaysian businesses, communities, and developers apply the latest technology to drive inclusive economic growth and innovation across the country,” he added.
AI could contribute nearly US$1 trillion to Southeast Asia’s gross domestic product (GDP) by 2030, with Malaysia poised to capture US$115 billion of this amount, according to research by global management consulting firm Kearney.
The investment will support the nation’s productivity, competitiveness, resilience, and economic growth.
“Microsoft’s 32-year presence in Malaysia showcases a deep partnership built on trust,” said Zafrul Aziz, minister for the Ministry of Investment, Trade and Industry (MITI).
“Indeed, Malaysia’s position as a vibrant tech investment destination is increasingly being recognised by world-recognized names due to our well-established semiconductor ecosystem, underscored by our value proposition that ‘this is where global starts’,” he explained.
Andrea Della Mattea, president of Microsoft ASEAN further said, “This strategic emphasis on AI not only boosts economic growth but also promotes inclusivity by bridging the digital divide and ensuring everyone gets a seat at the table, so every Malaysian can thrive in this new digital world.”
MITI first expressed plans to have tech giants such as Microsoft and Google set up operations in Malaysia in June last year as the government looks to make Malaysia a data and tech hub.
In an interview with Bloomberg Television, Minister Zafrul said that efforts to attract data giants are underway, adding that Malaysia is working on establishing itself as data centre hub.
Join us on 12 June 2024 for an exciting experience as Content360 makes its debut in Malaysia! Brace yourself to join the crème de la crème of the content marketing industry hailing from across the region. Immerse yourself in a dynamic atmosphere, and uncover the latest trends with thought leaders and solution providers from the realm of content.
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