Microsoft is set to invest R5 billion in AI and data infrastructure in South Africa. This investment, announced by Brad Smith during a press briefing with President Ramaphosa, aims to enhance AI applications in public sectors and support education for 50,000 individuals. The total investment will reach R25.8 billion, signaling confidence amid political discussions with the US.
Microsoft has announced a significant investment of R5 billion in artificial intelligence and data center infrastructure within South Africa. During a recent press briefing alongside President Cyril Ramaphosa, Microsoft President and Vice Chair Brad Smith characterized AI as a revolutionary technology, likening its transformative potential to that of electricity and the steam engine.
Smith underscored the necessity of enhancing AI applications within the public sector of South Africa, specifically commending the South African Revenue Service (SARS) for its effective integration of AI technology. Additionally, he revealed that Microsoft intends to support 50,000 individuals in pursuing further education and certifications in cloud architecture, AI, and cybersecurity.
In his remarks, President Ramaphosa noted the timely nature of this investment, particularly as the country prepares to host the Group of 20 major economies in November. He termed the investment “momentous,” highlighting its significance in bolstering South Africa’s economic landscape.
This latest commitment will increase Microsoft’s total investments in South Africa to R25.8 billion, which includes an earlier investment of R20.4 billion. The pledge reflects a strong vote of confidence amid ongoing political negotiations between South Africa and the United States on various policy matters, including recent land ownership legislation.
Ramaphosa humorously expressed his admiration for Smith’s commitment, suggesting a light-hearted jab at the absence of US political leaders during preliminary G20 discussions. He also affectionately referred to Microsoft as “an American company with an African heart,” emphasizing the importance of equitable and inclusive growth in AI development across the continent.
In closing, Ramaphosa reaffirmed South Africa’s commitment to leveraging its G20 presidency to drive forward the adoption of new technologies to facilitate growth and industrialization in Africa.
In summary, Microsoft’s R5 billion investment in South Africa marks a significant milestone in advancing artificial intelligence and enhancing data infrastructure. This commitment underscores the crucial role of technology in public sector efficiency and education. As South Africa prepares for the Group of 20 summit, the investment reflects trust and confidence in the potential of AI to transform the nation’s economy and technological landscape.
Original Source: www.2oceansvibe.com
