ALBAWABA – Microsoft, the American multinational corporation and technology company, announced investing $2.7 billion in artificial intelligence (AI) projects specifically in Brazil. The investment projects are set to last for three years and will focus on cloud computing and artificial intelligence infrastructure.
Microsoft plans AI projects in Brazil
The company stated that this investment is marked the largest ever announced by Microsoft in Brazil. The artificial intelligence (AI) projects aim to develop the country’s economy by 4.2%.
These recent investments are part of “Microsoft Mais Brazil,” that was launched in 2020 to promote growth through technology, training programs, and sustainability initiatives in South America.
Microsoft announced plans to expand its cloud computing and artificial intelligence infrastructure in Sao Paulo. (Shutterstock)
Satya Nadella, Chairman and CEO, Microsoft said: “We are committed to supporting Brazil’s AI transformation and ensuring it benefits everyone. Our new investments in cloud and AI infrastructure and training in Brazil will help ensure broad access to both the technology and skills needed for Brazil’s people and economy to thrive in this AI era.”
Additionally, the company announced plans to expand its cloud computing and artificial intelligence infrastructure in Sao Paulo, and it will conclude AI training courses to nearly five million people in Brazil in the next three years.
“Today’s announcement demonstrates Microsoft’s commitment to supporting inclusive economic growth in Brazil. We are empowering individuals, companies, and society to enhance innovation and democratize the use of AI through skills development, knowledge sharing, and access to cutting-edge technology and digital infrastructure, while also meeting our sustainability goals,” commented Tania Cosentino, General Manager of Microsoft Brazil.
