Microsoft to Invest USD 2.9 Billion To Boost AI and Cloud in Japan By CIOTechOutlook Team

Microsoft to Invest USD 2.9 Billion To Boost AI and Cloud in Japan

CIOTechOutlook Team | Wednesday, 10 April 2024, 02:36 IST

Microsoft Corp, a US-based technology firm, will fund $2.9 billion over the following two years to support its hyperscale distributed computing and artificial intelligence framework in Japan, denoting its greatest interest in the country.

The declaration was made in Washington after Microsoft President Brad Smith met Japanese Prime Minister Fumio Kishida, who is in the US for the main authority visit by a Japanese innovator in nine years. Microsoft will likewise grow its digital training projects to give AI skills to multiple million individuals over the following three years, the organization said in a proclamation. It intends to open a lab in Japan centered on AI and robotics technology, while developing its network protection joint effort with the Japanese government.

Kishida, Prime Minister of Japan, is all set to hold a culmination with President Joe Biden on Wednesday when the two leaders are supposed to give importance on the strength of US-Japan agreements in a great many regions, including safeguard, financial security, key innovations like semiconductors, AI technology and quantum computing. Kishida encouraged American business executives to support interest in Asia's second-biggest economy attached to key advancements, for example, semiconductors, AI and quantum computing.

“Your investments will enable Japan’s economic growth — which will also be capital for more investments from Japan to the US," Kishida said at the start of a roundtable with business leaders in Washington.

The leader of Japan is booked to visit the Toyota Engine Corp. battery plant and a Honda Airplane Co. manufacturing plant in North Carolina on Friday, where he will probably promote the advantages of Japanese ventures for the US economy.