Microsoft to invest $1.7 billion into AI infrastructure in Indonesia, CEO Satya Nadella says

Funding Rounds

▤ Summary

Microsoft CEO Satya Nadella (C) arrives for a meeting with Indonesias President Joko Widodo at the Merdeka Palace in Jakarta on April 30, 2024. "This new generation of AI is reshaping how people live and work everywhere, including in Indonesia," Nadella, chairman and CEO of Microsoft, said in a statement. "The investments we are announcing today – spanning digital infrastructure, skilling, and support for developers – will help Indonesia thrive in this new era," said Nadella. Microsoft also said it will partner with governments, organizations and communities to provide AI skilling opportunities for 2.5 million people in Association of Southeast Asian Nations member states by 2025. Nadella met with Jokowi in Jakarta on Tuesday to discuss topics including technological and AI breakthroughs that will help Indonesia progress, according to Indonesian news agency Antara.

$ Funding

$
Amount - Total raised
□
Date - Announcement date
◎
Investors Microsoft Accelerator - Tel Aviv Lead investors
▥
Company - Funded company

▥ Classifications

industries
No industries detected
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
SaaS Cloud Computing Enterprise Software

▦ Linked Companies

Microsoft
$1B+