US tech firms are pouring billions into Southeast Asia to support its AI potential—but will their presence enable local firms to step into the opportunity or will it simply be a repeat of the golden social and advertising era which saw big tech use the region for user and financial growth with little local innovation coming through? From this week's newsletter: Microsoft made a major investment push in Southeast Asia as it announced it would invest $1.7 billion into cloud and AI technology in Indonesia. CEO Satya Nadella took a personal tour to the region which also included visits to Thailand, where Microsoft announced its first regional data centre for the country, and Malaysia, where he announced his firm would invest $2.2 billion over the next four years. These investments are part of growth that Microsoft believes could add as much as $1 trillion in value to the region by enabling AI and boosting cloud computing capacity. Facebook, Google and others have wooed Southeast Asia as markets where they could monetise hundreds of millions of users. Will this ‘new era’ of interest from big tech firms support location innovation or will global firms—from the West and even China—benefit from this expected AI and cloud boom? https://lnkd.in/g3DRjQFB
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More money is flowing into Asia's AI space. But more than high-profile investors, it's global tech giants that are betting big on the region. ▶ Over the last month, Microsoft announced investing billions of dollars in cloud and AI infrastructure across Asia—US$2.9 billion in Japan, US$2.1 billion in Malaysia, and US$1.7 billion in Indonesia. ▶ Microsoft will also provide AI skilling opportunities for 2.5 million people in the ASEAN region by 2025. ▶ Apple plans to invest over US$250 million into its operations—focusing on AI roles— in Singapore. ▶ Last week, Amazon revealed its plans to invest massively in Singapore to boost AI adoption. How? 👉 Its cloud services arm AWS is doubling its investment to US$8.8 billion in the city-state’s cloud infrastructure from 2024 to 2028. For context, since AWS launched its first Asia Pacific center in Singapore in 2010, it has invested more than US$8.51 billion. 👉 AWS will also work with the Singapore Government and public sector organizations to develop generative AI solutions including Southeast Asian language-focused LLM Sea-Lion and GovTech Singapore’s data platform Analytics Gov. Read all about it and more on funding and noteworthy developments here: https://lnkd.in/ghJ458kV To keep yourself updated with the most buzzing trends and deals in the Southeast Asian startup ecosystem, subscribe to our weekly newsletter #ICYMI here: https://lnkd.in/gBjcqnXz #AIinvestment #globaltechgiants #AsianAI #cloudinfrastructure
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💰 Big Tech Investment from Microsoft 💻🌏 🚀 Microsoft (MSFT.O) has announced a massive investment of $2.2 billion over the next four years in Malaysia, aimed at expanding cloud and artificial intelligence (AI) services. 💡 📈 This investment, the largest in Microsoft's 32-year history in Malaysia, will focus on building cloud and AI infrastructure, providing AI-skilling opportunities for 200,000 individuals, and supporting the country's developers. 💼🌐 🌟 “We want to make sure we have world-class infrastructure right here in the country so that every organization and start-up can benefit,” said Microsoft CEO Satya Nadella during his visit to Kuala Lumpur. 🌟 🤝 Microsoft will collaborate with the Malaysian government to establish a national AI Centre of Excellence and bolster the nation's cybersecurity capabilities. 💻🔒 👏 Prime Minister Anwar Ibrahim welcomed the investment, highlighting its significance in Malaysia's AI development efforts. 🌟🇲🇾 💡 Microsoft's commitment to expanding AI globally is evident, with recent investments in neighbouring Indonesia and plans for its first regional data center in Thailand. 🌏💼 🖇 Source: https://lnkd.in/gC3h8VKQ 🔥 Follow us for the latest in tech news! 🌟🚀 #Microsoft #TechInvestment #CloudServices #AI #Malaysia
Microsoft to invest $2.2 bln in cloud and AI services in Malaysia
reuters.com
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✨Tech Leadership Reimagined: Director @ Penguin Electronics & Pacific Cyber Tech 🌐 AI Enthusiast & Learner & Advocate 🛠️ Strategic Visionary-Project Management & Consultancy 🚀 Growth Hacker & Innovator & Founder
🌐💡 MASSIVE INVESTMENT IN AI INFRASTRUCTURE 💡🌐 🌐 Microsoft announces a $1.7 billion investment in new cloud and AI infrastructure in Indonesia over the next four years. 💡 This investment aligns with the Indonesian government's "Golden Indonesia 2045 Vision" and aims to bolster the nation's AI capabilities . 🌐 The investment will focus on building new cloud and AI infrastructure, providing AI skills opportunities for 840,000 people, and supporting the nation's developer community. 💡 This investment is expected to bring the latest AI infrastructure to Indonesia, positioning it as a leader in this domain. 🌐 The investment is also expected to have significant economic benefits for Indonesia, with potential contributions of nearly $1 trillion to Southeast Asia's GDP by 2030. 💡 Microsoft's investment is part of a global surge in AI investments worldwide, with countries and companies recognizing AI's transformative potential. 🌍🌐 **Join the AI revolution in Indonesia!** 🌍🌐 🌎 #AIInvestment #Indonesia #Microsoft #GoldenIndonesia2045Vision #AIInfrastructure #AIskills #DeveloperCommunity #SoutheastAsiaGDP #AITransformation [Click here to read the full article](https://lnkd.in/dpb72vfh)
Microsoft to Invest $1.7 Billion in AI Infrastructure in Indonesia
wsj.com
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🌟 Exciting News Alert! 🌟 Bravo to Microsoft for their incredible commitment to fostering growth and innovation in Malaysia! 🚀💡 I'm thrilled to share that Microsoft has pledged a staggering $USD 2.2 billion to bolster AI and cloud infrastructure in Malaysia. But that's not all – as part of this visionary initiative, 200,000 Malaysians will receive invaluable training opportunities, paving the way for a future-ready workforce and driving digital transformation across the nation. This significant investment underscores Microsoft's unwavering dedication to empowering communities through technology. By building robust AI and cloud capabilities and investing in talent development, Microsoft is not only driving economic growth but also laying the groundwork for a more inclusive and resilient digital ecosystem. As we celebrate this milestone, let's applaud Microsoft for their leadership and vision in shaping the future of Malaysia's tech landscape. Together, we can harness the power of innovation to create a brighter, more prosperous future for all. 🌐💼 https://lnkd.in/dBFTxYHw #Microsoft #AI #Cloud #TechForGood #DigitalTransformation #Malaysia #Innovation #FutureOfWork #CommunityImpact
Microsoft unveils $2.2bn investment in Malaysia focused on AI, cloud
aljazeera.com
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Principal Consultant |Gov Engagement|Empowering Emerging Digital Innovation|Transformation|Edtec|Talents|Tech Infra|Data privacy/AI & Cyber Security.
It's a USD550 million per year to start with it's not a USD2.2 billion investment . I love to watch how the public relation and media translate it. Embarking of Global Advance AI Talents will assist Malaysia moving forward if the gov invest in this talents now while waiting for MS to initiate . Awesome MS planning their investment in the region but can they review the wages of Malaysian talents to western countries to be par with international standard wages or purely for cheap wages ?
Microsoft announces US$2.2 billion investment to fuel Malaysia’s cloud and AI transformation - Microsoft Stories Asia
news.microsoft.com
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🚀 Microsoft to Invest $2.2 Billion in Cloud and AI Services in Malaysia 🌏 Microsoft announced on Thursday a historic $2.2 billion investment over the next four years in Malaysia to bolster cloud and artificial intelligence (AI) services, marking its largest investment in the country in its 32-year history. The initiative aims to promote generative AI technology in Asia. 🔧 The investment will focus on building cloud and AI infrastructure, providing AI-skilling opportunities for 200,000 people, and supporting the country's developers, according to Microsoft CEO Satya Nadella. 📡 Microsoft will collaborate with the Malaysian government to establish a national AI Centre of Excellence and strengthen the nation's cybersecurity capabilities. 💬 Prime Minister Anwar Ibrahim expressed his support for the investment, emphasizing its significance in advancing Malaysia's AI capabilities. 🌐 Microsoft's commitment to AI development extends globally, with recent investments including $1.7 billion in neighbouring Indonesia and the announcement of its first regional data centre in Thailand. Read more: https://lnkd.in/dNb7sJYe #Microsoft #Cloud #AI #Investment #Malaysia
Microsoft to invest $2.2 bln in cloud and AI services in Malaysia
reuters.com
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