Microsoft is to invest 5.4 billion rand ($296.81 million) in AI infrastructure in South Africa, as announced by Vice Chair and President Brad Smith. This investment highlights Microsoft’s ongoing commitment to technological development in the region.
Microsoft has announced a substantial investment of 5.4 billion rand, equivalent to approximately $296.81 million, to enhance its artificial intelligence (AI) infrastructure in South Africa. This announcement was made on Thursday by Brad Smith, the Vice Chair and President of Microsoft. The investment underscores the company’s commitment to advancing technology and innovation in the region.
In summary, Microsoft is poised to make a significant impact in South Africa through its 5.4 billion rand investment in AI infrastructure. This initiative reflects the company’s dedication to fostering technological advancements and supporting local growth in the artificial intelligence sector.
Original Source: money.usnews.com
