financetom
Business
financetom
/
Business
/
Microsoft to invest $2.9 bln to expand AI, cloud infra in Japan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Microsoft to invest $2.9 bln to expand AI, cloud infra in Japan
Apr 9, 2024 6:49 AM

TOKYO, April 9 (Reuters) - Microsoft ( MSFT ) 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 ( AMZN ) 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 ( MSFT ) Azure, Alphabet-unit Google Cloud and Amazon

Web Services are the top three cloud computing companies in the

world.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2025 - www.financetom.com All Rights Reserved