Microsoft invests in Japan in Artificial Intelligence
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North American technology company Microsoft will invest 2.9 billion dollars (2.67 billion euros) to expand Artificial Intelligence (AI) infrastructures in Japan.
Japanese broadcaster NHK reported this Wednesday that the investment, revealed Tuesday in Washington and planned for the next two years, includes the expansion of cloud data storage and the establishment of the company’s first research center in the Asian country.
Microsoft’s bet is to expand the growing demand for generative AI services in Japan and expands an existing agreement between the company and Tokyo. This will be the North American company’s most significant investment in Japan.
The technology giant is expanding facilities in the capital, Tokyo, and Osaka, to increase the information processing capacity of data centers essential for generative AI and introduce next-generation AI semiconductors.
Microsoft President Brad Smith made the announcement during a meeting with Japanese Prime Minister Fumio Kishida, which also discussed closer cooperation on cybersecurity and information sharing in the event of cyberattacks.
“Collaboration with global companies with digital infrastructures is important for Japanese industry as a whole. I look forward to continued cooperation,” said Kishida, who is in Washington on an official visit.
Smith added that “Japan has a huge technological base” and that AI could represent an opportunity in the face of an aging population, making this investment “essential for its development”.
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