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Home South East Asia

Microsoft to invest US$2.2 billion in Malaysia, as Silicon Valley eyes bigger Southeast Asia footprint

NEWSROOM by NEWSROOM
May 2, 2024
in South East Asia, Technology
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Microsoft will invest US$2.2 billion in Malaysia to develop cloud technology and artificial intelligence, in the company’s biggest investment in the country unveiled on Thursday by the chief executive of the world’s largest company during his whirlwind tour of Southeast Asia.
Silicon Valley giants including Amazon and Google, along with Chinese tech conglomerates such as Alibaba, are making a big push to expand in Southeast Asia, which is home to 700 million people and whose economies are collectively worth over US$3.8 trillion.
The region also offers a safe haven for supply chains from Source link

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