Microsoft will invest an additional 5.4 billion rand ($296.81 million) in AI infrastructure in South Africa, as announced by Vice Chair and President Brad Smith.

Microsoft is set to enhance its AI infrastructure investment in South Africa by an additional 5.4 billion rand, equivalent to approximately $296.81 million. This announcement was made by Brad Smith, Microsoft’s Vice Chair and President, during a statement on Thursday. This initiative underscores Microsoft’s commitment to advancing technological innovation within the South African market.

In summary, Microsoft is significantly increasing its investment in South Africa’s AI infrastructure, with an investment of 5.4 billion rand. This move signals a strong commitment to fostering technological development and innovation in the region.

Original Source: money.usnews.com