Connect with us

Politics

Microsoft CEO pledges $1.7 billion AI investment in Indonesia

Microsoft CEO pledges $1.7 billion AI investment in Indonesia

 


JAKARTA: Microsoft's CEO pledged a $1.7 billion investment in artificial intelligence and cloud computing to help develop Indonesia's AI infrastructure after a meeting with the archipelago's president on Tuesday. Indonesia is Southeast Asia's largest economy and has around 280 million people across its vast archipelago, with growing demand for data centers and AI technologies in the region. Satya Nadella spoke with President Joko Widodo, better known as Jokowi, at the Presidential Palace in Jakarta before delivering a speech on AI in the Indonesian capital.

What I'm really excited to announce today is the expanded data center investment announcement of $1.7 billion to bring the latest and greatest AI infrastructure to Indonesia , Nadella told the crowd, adding that data centers would soon be built in Indonesia. We're going to lead this wave in terms of the next generation of AI infrastructure needed, he said. Our mission is ultimately to empower every person and organization in Indonesia to benefit from this next big wave of AI.

He said the tech giant would provide AI training to hundreds of thousands of Indonesians. I am very happy to announce that at Microsoft, we will train 2.5 million people by 2025 in the ASEAN region. In fact, 840,000 here in Indonesia alone, he said. Microsoft said in a statement that the investment would span four years. Dharma Simorangkir, president and director of Microsoft Indonesia, said this sets a new milestone for Indonesia's digital landscape.

Nadella had earlier told Jokowi that the tech giant's commitment was the largest investment in its 29-year history of operations in Indonesia, Minister of Communication and Informatics Budi Arie Setiadi said. in a press release.

A Microsoft statement later confirmed that it was the company's largest investment in the country. The investment announced today will enable Microsoft to meet the growing demand for cloud computing services in Indonesia, he said. A study by international consultancy Kearney showed that AI was poised to contribute $1 trillion to Southeast Asia's GDP by 2030, with Indonesia expected to receive more than a third, according to the press release. Budi told reporters that Jakarta was pressuring Microsoft to open a research and development center in Indonesia, including in the new capital Nusantara, which is scheduled to open from August. We offered several places: Bali, IKN (Nusantara), he said.

Microsoft has been extremely rewarded by investors since it actively pushed the deployment of generative AI, starting with its $13 billion partnership with OpenAI, the creator of ChatGPT, in 2023. Nadella said last week that its sales between January and March had increased 17. percent from the previous year to $61.9 billion, with net profit up 20 percent to $21.9 billion.

AI adoption has boosted sales of Microsoft's key cloud services, such as Azure, which have become the core of its business under Nadella's leadership. Nadella's visit comes just weeks after Apple CEO Tim Cook met with Jokowi and President-elect Prabowo Subianto, as the tech giant explores ways to diversify supply chains outside of the China. Cook said Apple was looking at potentially investing in manufacturing in Indonesia. Nadella is traveling to Thailand and Malaysia this week for a regional tour to promote Microsoft's AI technology. –AFP

Sources

1/ https://Google.com/

2/ https://kuwaittimes.com/article/13712/business/microsoft-ceo-pledges-17bn-ai-investment-in-indonesia/

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]