Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan


Microsoft logo is seen near computer motherboard in this illustration taken January 8, 2024. REUTERS/Dado Ruvic/Illustration

TOKYO (Reuters) -Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence.

The investment - the company's largest in the 46 years of its operations in the country - will also go towards skilling three million people in AI and setting up a Microsoft Research Asia lab in Tokyo.

Server operators are expanding their data centers and cloud computing assets globally to support a boom in AI applications and workloads, after the late 2022 launch of ChatGPT.

Amazon.com's cloud unit is investing $10 billion in Mississippi and another $5.3 billion in Saudi Arabia towards data centers in those regions. Google is building a data center just outside London for $1 billion.

Microsoft's Azure, Alphabet-unit Google Cloud and Amazon Web Services are the top three cloud computing companies in the world.

(Reporting by Mariko Katsumura; additional reporting by Yuvraj Malik and Jaspreet Singh; editing by Jason Neely and Anil D'Silva)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Amazon's cloud unit pauses orders of Nvidia's most powerful chip, FT reports
Robinhood lowers interest rate on margin loans in growth push
US SEC asks exchanges to fine-tune ether ETF filings in positive sign for approval, say sources
Scale AI raises $1 billion in Accel-led late-stage fundraise
ByteDance buys earbud maker Oladance for future hardware
Cryptocurrencies gain as investors turn optimistic on ether ETFs
Tencent suspends marquee game after servers buckle on debut
Alibaba sparks China AI price war with spate of steep discounts
Exclusive-UAE, US to see more AI partnerships, minister tells Reuters
EU countries back landmark artificial intelligence rules

Others Also Read