Microsoft to Invest $1.3 Billion in AI in Mexico
By Anthony Harrup
Microsoft plans to invest in Mexico over the next three years to expand its cloud and artificial intelligence infrastructure and promote AI skills, the company said on Tuesday.
"We're doubling down on bringing more capacity to Mexico by investing an additional $1.3 billion," Microsoft Chairman and Chief Executive Satya Nadella said at an event in Mexico City. "So whenever we think about any region bringing these data centers, these AI Azure regions to a market, is what allows us to bring about a deep transformation in the local ecosystem's ability to take advantage of this new commodity."
The investment seeks to improve connectivity and encourage AI adoption by small- and medium-sized businesses, and to reach five million people under the Artificial Intelligence National Skills Initiative, Microsoft said in a release.
Write to Anthony Harrup at anthony.harrup@wsj.com
(END) Dow Jones Newswires
September 24, 2024 19:26 ET (23:26 GMT)
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