Microsoft commits $7.095b to Singapore’s AI push
The funds will build out critical cloud and AI infrastructure through 2029.
Microsoft is committing $7.095b (US$5.5b) through 2029 to support Singapore’s artificial intelligence (AI) push.
“Our ongoing investment in cloud and AI infrastructure reflects Microsoft’s long-term confidence in Singapore as a global digital leader,” Brad Smith, vice chair and president of Microsoft, said in a statement.
“Together, we’re focused on helping people and organisations use AI by strengthening skills, increasing cybersecurity and resilience, and advancing trusted governance so technology delivers real benefits for Singaporeans,” he added.
According to Microsoft, the investment will be used in cloud and AI infrastructure and its ongoing operations in Singapore. Efforts to strengthen AI skills across sectors and communities, whilst increasing cybersecurity, resilience and trusted governance will also be continued, it added.
“By embedding AI literacy into everyday learning and in how every sector, from enterprise to nonprofits operate, we’re building on the National AI Strategy 2.0 to drive inclusive, trusted AI adoption for genuine impact,” said Wee Luen Chia, managing director, Microsoft Singapore.
US$1 = S$1.29