Microsoft is investing 5.4 billion rand ($296.81 million) in South Africa to expand its cloud and AI infrastructure, supporting high-demand digital fields. This initiative will certify 50,000 individuals and follows a prior investment of 20.4 billion rand on data centers, complementing plans to train 1 million South Africans in key tech areas by 2026.
Microsoft (MSFT) has announced plans to invest an additional 5.4 billion rand (approximately $296.81 million) in South Africa by 2027. This investment aims to enhance its cloud and artificial intelligence infrastructure to respond to the growing demand for Azure cloud services, as reported by Reuters.
The funding will also facilitate technical certification exams for 50,000 individuals in critical digital sectors, such as cloud architecture, artificial intelligence, and cybersecurity. Microsoft Vice Chair and President Brad Smith highlighted the importance of this initiative during an event held in Johannesburg.
Previously, Microsoft has invested 20.4 billion rand to create enterprise-grade data centers in Johannesburg and Cape Town. Additionally, in January, the company revealed its mission to train 1 million South Africans in AI and cybersecurity by 2026.
This investment is part of Microsoft’s larger strategy to expand its data center operations, with a commitment of $80 billion toward infrastructure development planned for fiscal 2025.
In conclusion, Microsoft’s significant investment in South Africa underscores its commitment to enhancing cloud and AI infrastructure in response to rising demand. The initiative aims to provide technical certifications for tens of thousands, fostering skills in key digital areas. This aligns with broader plans for substantial infrastructure development intended to support regional growth and technological advancement.
Original Source: www.gurufocus.com