Microsoft will invest 5.4 billion rand ($296.81 million) in AI infrastructure in South Africa, as stated by Vice Chair and President Brad Smith. This investment reflects its commitment to technology enhancement and innovation in the region.
In a significant move, Microsoft announced an additional investment of 5.4 billion rand, approximately $296.81 million, to enhance artificial intelligence infrastructure in South Africa. This statement was made by Microsoft Vice Chair and President Brad Smith during a press briefing. This investment signifies Microsoft’s commitment to expanding its technological footprint in the region and fostering innovation within the local AI sector.
The announcement of Microsoft’s 5.4 billion rand investment showcases its dedication to advancing AI infrastructure in South Africa. This initiative aims to contribute to the growth of the local technology landscape, illustrating the company’s broader strategy of enhancing technological capabilities globally.
Original Source: money.usnews.com
