News24 Business | Microsoft plans over R5 billion AI investment in SA
- Microsoft plans to invest R5.4 billion in cloud and AI infrastructure in South Africa by the end of 2027, in addition to R20.4 billion spent over the past three years.
- Microsoft is committed to training one million South Africans by 2026, equipping them with AI skills to create solutions for local challenges.
- The investment signals confidence in South Africa's economy, indicating it is a secure place for business and investment.
- Brad Smith, Vice-Chair and President of Microsoft, emphasized that the investment aims to help South Africans build a future where technology drives prosperity.
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🔒 Microsoft to invest R5.4bn, boosting AI & cloud in SA
Key topics: Microsoft to invest R5.4bn in SA to expand AI and cloud capacity. 50,000 youth to receive digital skills certification in the next year. President Ramaphosa hails investment as a vote of confidence in SA. Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here. Support South Africa’s bastion of independe…
Microsoft plans $297m AI investment in South Africa
Microsoft Corporation will invest an additional $297 million in South Africa by the end of 2027 to expand its cloud and Artificial Intelligence capacity in the country, Vice Chairman Brad Smith said on Thursday. Smith made the announcement at an event in Johannesburg ahead of an upcoming South African investment conference, Bloomberg reported. “The investment […]
Microsoft to invest $300M in AI infrastructure in South Africa, expanding its global AI push - Tech Startups
Less than a month after investing $700 million in a cloud data center project in Poland, Microsoft is doubling down on its AI expansion. The company announced plans to invest an additional 5.4 billion rand ($296.81 million) to strengthen artificial […] The post Microsoft to invest $300M in AI infrastructure in South Africa, expanding its global AI push first appeared on Tech Startups.
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