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<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/microsoft-announces-major-investment-in-malaysia/" data-wpel-link="internal">Microsoft Announces Major Investment in Malaysia</a><br></p>
<p style="text-align: justify"><strong>Microsoft</strong>, in an official statement, announced plans to establish a National Artificial Intelligence Excellence Center in Malaysia and to enhance cybersecurity capabilities. The company also stated that it will invest $2.2 billion in Malaysia over the next four years to expand cloud and AI (Artificial Intelligence) services.</p> 
<h2 style="text-align: justify" id="the-largest-investment-by-the-company-in-malaysia">The Largest Investment by the Company in Malaysia</h2> 
<p style="text-align: justify">According to the announcement, Microsoft’s investment, the largest in its 32-year history in Malaysia, aims to take a giant leap in the fields of cloud and artificial intelligence. The focal points of this investment include providing the country with a leading AI infrastructure, equipping 200,000 people with AI skills to create employment opportunities, and supporting local developers.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="wp-image-347039 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/05/microsoft-coin-turk-com-.png" alt="" width="633" height="438"></p> 
<p style="text-align: justify">Additionally, Microsoft plans to collaborate with the Malaysian government to establish a national Artificial Intelligence Excellence Center and strengthen the country’s cybersecurity capabilities. Following a meeting on Thursday, Prime Minister Anwar Ibrahim emphasized that this investment aligns with Malaysia’s efforts to enhance its AI capabilities.</p> 
<p style="text-align: justify">Microsoft CEO Satya Nadella, during his visit to Kuala Lumpur, stated:</p> 
<blockquote> 
 <p style="text-align: justify">“We aim to have world-class infrastructure in the country that every organization and startup can benefit from.”</p> 
</blockquote> 
<h2 style="text-align: justify" id="tremendous-contribution-by-2030">Tremendous Contribution by 2030</h2> 
<p style="text-align: justify"><strong>Kearney</strong> research suggests that by 2030, artificial intelligence will make a tremendous contribution to Southeast Asia’s economy, with Malaysia expected to gain $115 billion.</p> 
<p style="text-align: justify">Microsoft places great importance on the global development of AI and cloud technologies. <strong>Satya Nadella</strong> announced this week that they will make a $1.7 billion investment in Indonesia and open Microsoft’s first regional data center in Thailand.</p> 
<p style="text-align: justify">Furthermore, on February 20, Microsoft announced an additional $2.1 billion investment in Spain to develop AI and cloud infrastructure. This investment came just five days after committing three billion euros to enhance Germany’s AI ecosystem.</p> 
<h2 style="text-align: justify" id="accelerating-ai-initiatives-in-europe">Accelerating AI Initiatives in Europe</h2> 
<p style="text-align: justify">As the European Union prepares to implement the landmark EU Artificial Intelligence Act, major tech companies are increasingly investing in AI in Europe.</p> 
<p style="text-align: justify">Tech giants like Google are leading this trend by announcing the Artificial Intelligence Opportunity Initiative for Europe, which includes a 25 million Euro investment to enhance Europeans’ AI skills.</p> 
<p style="text-align: justify">Google aims to enhance Europe’s AI potential by collaborating with local startups. EU governments, NGOs, academics, and businesses partner to equip workers with digital skills through funding. Similarly, the Italian government launched a similar initiative in 2023, allocating millions of Euros to strengthen the digital skills of workers at risk of losing their jobs due to automation and AI.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/microsoft-announces-major-investment-in-malaysia/" data-wpel-link="internal">Microsoft Announces Major Investment in Malaysia</a></h5>

Microsoft Announces Major Investment in Malaysia

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