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 >
Why Is Hyperscale Data Stock Gaining Today?
Why Is Hyperscale Data Stock Gaining Today?
Oct 28, 2025
Hyperscale Data ( GPUS/PD ), Inc. jumped in premarket trading on Tuesday as investors reacted to fresh details about its Bitcoin strategy and expanding GPU cloud efforts. Bitcoin Strategy The company said its Bitcoin treasury, including current holdings and cash set aside for future purchases, reached about $68.8 million as of Oct. 26, 2025. That figure equals roughly half of...
Bread Financial Plans $500 Million Senior Notes Offering
Bread Financial Plans $500 Million Senior Notes Offering
Oct 28, 2025
10:14 AM EDT, 10/28/2025 (MT Newswires) -- Bread Financial ( BFH ) said Tuesday it plans to offer $500 million of senior notes in a private offering. The company said it plans to use the proceeds to help redeem its outstanding 9.750% senior notes due 2029. Price: 65.46, Change: -0.80, Percent Change: -1.21 ...
WesBanco Expands Tennessee Operations With New Loan Office, Banking Center
WesBanco Expands Tennessee Operations With New Loan Office, Banking Center
Oct 28, 2025
10:19 AM EDT, 10/28/2025 (MT Newswires) -- WesBanco ( WSBC ) said Tuesday it is opening a commercial loan production office in Knoxville, Tennessee, in the Bearden and Sequoyah Hills neighborhoods. The bank holding company said it is expanding its Chattanooga operations by adding its first retail banking center in Tennessee, in the Southside neighborhood, scheduled to open in the...
Odd Burger Announces Termination of Refill Private Placement Following Default by Westmount Ventures
Odd Burger Announces Termination of Refill Private Placement Following Default by Westmount Ventures
Oct 28, 2025
10:16 AM EDT, 10/28/2025 (MT Newswires) -- Odd Burger ( ODDAF ) , a player in plant-based fast food technology and franchising, on Tuesday said its previously announced refill private placement under the equity distribution agreement dated Sept. 10, 2025, with Westmount Ventures d/b/a Rockcliffe Capital (investor) and selling shareholder James McInnes has been terminated following the investor's default on...
Copyright 2023-2026 - www.financetom.com All Rights Reserved