Microsoft will invest $2.9 billion in the development of AI in Japan – Kommersant
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Over the next two years, Microsoft intends to invest $2.9 billion in the development of cloud infrastructure and artificial intelligence (AI). About this in an interview Nikkei said company president Brad Smith. For Microsoft, this will be the largest investment in the Japanese economy since it has been operating in the country. In addition to creating infrastructure, the American corporation intends to open a research laboratory in Tokyo, as well as train three million people to develop AI.
Microsoft’s announcement of a major investment in Japan came days after it became aware of plans OpenAI will open its third overseas office in April in Tokyo. The startup is actively supported by Microsoft, which has invested tens of billions of dollars in OpenAI. Thus, at the end of March it became known about a joint data center project Stargate worth about $100 billion. Most of the costs of its creation, according to media reports, will be covered by Microsoft.
Earlier this year on large-scale investment in Japan announced Amazon. Jeffrey Bezos’ company is ready to invest $15 billion in the development of cloud business and AI over two years.
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