Microsoft will invest an additional 5.4 billion rand ($296.81 million) in AI infrastructure in South Africa, according to Vice Chair Brad Smith. This investment highlights the company’s commitment to enhancing technological capabilities in the region.
Microsoft has announced a significant investment of an additional 5.4 billion rand, equivalent to approximately $296.81 million, in artificial intelligence infrastructure within South Africa. This statement was made by Microsoft Vice Chair and President Brad Smith on Thursday. This funding aims to enhance the country’s capabilities in AI technologies, signaling Microsoft’s commitment to developing tech infrastructure in South Africa and contributing to its economic growth.
In conclusion, Microsoft’s substantial investment of 5.4 billion rand underscores the company’s dedication to bolstering AI infrastructure in South Africa. This initiative not only reflects a commitment to technological advancement but also aims to support the country’s overall economic development and innovation landscape.
Original Source: money.usnews.com
