For Microsoft, this will be the largest investment in the Japanese economy since it was in the country.
Microsoft aims to invest about $2.9 billion in building cloud infrastructure and artificial intelligence in Japan over the next two years. This is what Microsoft President Brad Smith said, Nikkei reports.
It was noted that for Microsoft this will be the largest investment in the Japanese economy for its entire history in the country. In addition to creating infrastructure, the American corporation intends to open a research laboratory in Tokyo, as well as teach at least 3 million people how to develop artificial intelligence.
Microsoft announced a major investment in Japan days after it announced OpenAI’s plans to open a third overseas office in Tokyo in April.
Recall that Intel intends to spend $100 billion over five years to build and expand factories in four US states that will create artificial intelligence microchips.
It was also reported that the United States and Britain signed the world’s first security agreement in the field of AI.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.