Microsoft will invest $1.7 billion to develop Indonesia's AI infrastructure by building new cloud computing data centers. CEO Satya Nadella said it would be their largest investment in the country.
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’
Microsoft will invest $1.7 billion in Indonesia to empower the Southeast Asian country with cloud and artificial intelligence, including by building data centres, visiting chief executive Satya Nadella said in a seminar on Tuesday.
The funds will also go toward training 840,000 Indonesians in AI skills and supporting the local community of developers.
This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. Joe Biden marked Monday’s Earth Day by announcing a $7 billion investment in solar energy projects nationwide, focusing on disadvantaged communities, and unveiling a week-long series of what the White House say will be “historic climate actions.” The president was […]
According to Demis Hassabis, the child prodigy who founded DeepMind, Google is likely to invest more than $100 billion in AI technology and applications in the near future. DeepMind is a British-American research laboratory that has been working on AI since 2010. Google acquired the company in 2014.Read Entire Article
In addition, South Korea will buy four new frigates and create a new air-to-air missile; all told, the three projects will represent roughly $4 billion in investments.
SoftBank will invest $960 million by 2025 to bolster its computing facilities in preparation for its own generative intelligence model.
Meta shares crashed in after-hours trading Wednesday after the company warned profits will slip over the summer.
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
Gov. Glenn Youngkin (R-VA) thanked Google for a $1 billion investment toward facilities in Virginia. The investment will go toward data centers across the commonwealth, including a center in Reston, where the governor spoke from. It will also open a new campus in Prince William County. “I want to thank Google for believing in Virginia […]
The digital landscape is evolving at an unprecedented pace, and the demand for efficient and user-friendly web and app development solutions has never been higher. In response to this growing need, no-code AI tools have emerged as a innovative innovation, empowering users with minimal coding knowledge to create, design, and automate digital projects with ease. […]