economictimes.indiatimes.com Open in urlscan Pro
2a02:26f0:480:c::210:f194  Public Scan

Form analysis
0 forms found in the DOM

Text Content

Benchmarksclosed
Nifty22,604.85-38.56
Precious Metal
Gold (MCX) (Rs/10g.)70,466.00-1136.00

English EditionEnglish Editionहिन्दीગુજરાતીमराठीবাংলাಕನ್ನಡമലയാളംதமிழ்తెలుగు
| Today's ePaper
Sign In
New Financial Year Offer

Home
ETPrime
Markets

News

Industry

Rise

Politics
Wealth

Mutual Funds

Tech

Careers

Opinion

NRI

Panache

ET TV
Spotlight

More Menu

Web Stories
Information Tech (IT)
Tech & Internet
Funding
Startups
Tech Bytes
Newsletters
Full Stack
Tech Top 5
Morning Dispatch
Unwrapped
Blogs & Opinion
Soonicorns & Unicorns
Future Unicorns & Decacorns
ET Soonicorns Summit

Business News›Tech›Tech & Internet›Microsoft to invest $1.7 billion in cloud, AI
in Indonesia, CEO says



THE ECONOMIC TIMES DAILY NEWSPAPER IS AVAILABLE ONLINE NOW.

Read Today's Paper


MICROSOFT TO INVEST $1.7 BILLION IN CLOUD, AI IN INDONESIA, CEO SAYS

SECTIONS
Microsoft to invest $1.7 billion in cloud, AI in Indonesia, CEO says
AFPLast Updated: Apr 30, 2024, 12:18:00 PM IST
Synopsis


MICROSOFT WILL INVEST $1.7 BILLION IN INDONESIA TO EMPOWER THE SOUTHEAST ASIAN
COUNTRY WITH CLOUD AND ARTIFICIAL INTELLIGENCE, INCLUDING BY BUILDING DATA
CENTRES, VISITING CHIEF EXECUTIVE SATYA NADELLA SAID IN A SEMINAR ON TUESDAY.

ReutersExecutive Chairman and CEO of Microsoft Corporation Satya Nadella in
Jakarta, Indonesia
Microsoft's chief executive officer pledged a $1.7 billion investment in
artificial intelligence and cloud computing to help develop Indonesia's AI
infrastructure after a meeting with the archipelago's president on Tuesday.
Indonesia is Southeast Asia's biggest economy and has a population of around 280
million across its sprawling archipelago, with a growing demand for data centres
and AI tech in the region.


Satya Nadella held talks with President Joko Widodo, popularly known as Jokowi,
at Jakarta's presidential palace before delivering a keynote speech about AI in
the Indonesian capital.



ELEVATE YOUR TECH PROWESS WITH HIGH-VALUE SKILL COURSES

Offering CollegeCourseWebsiteIndian School of BusinessISB Professional
Certificate in Product ManagementVisitMITMIT Technology Leadership and
InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisit


    
by Taboola by Taboola 
Sponsored Links Sponsored Links 
Promoted Links Promoted Links 
You May Like
Rise of Culture

Das neue Spiel 2024! Spiele jetzt dieses entspannende Spiel. (Kein Install)Rise
of Culture
Jetzt spielen


Undo

"The thing I am really excited to announce today is the expanded announcement of
data centre investment, so $1.7 billion to bring the latest and greatest AI
infrastructure to Indonesia," Nadella told a crowd, adding data centres would be
built in Indonesia soon.

"We are going to lead this wave in terms of the next generation of AI
infrastructure that's needed," he said.

"Our mission ultimately is to empower every person and every organisation in
Indonesia to take advantage of this next big AI wave."





DISCOVER THE STORIES OF YOUR INTEREST


 * BLOCKCHAIN
   
   5 Stories


 * CYBER-SAFETY
   
   7 Stories


 * FINTECH
   
   9 Stories


 * E-COMM
   
   9 Stories


 * ML
   
   8 Stories


 * EDTECH
   
   6 Stories


He said the tech giant would provide AI training for hundreds of thousands of
Indonesians.



"I'm very pleased to announce that we at Microsoft are going to train 2.5
million people by 2025 across the ASEAN region. In fact 840,000 right here in
Indonesia alone," he said.



Microsoft said in a statement the investment would be over four years. Dharma
Simorangkir, Microsoft Indonesia's president director, said it "sets a new
milestone for Indonesia's digital landscape."

Regional tour

Nadella earlier told Jokowi the tech giant's pledge was the "single biggest
investment value" in the 29-year history of its business in Indonesia, Minister
of Communication and Informatics Budi Arie Setiadi said in a statement.

A Microsoft statement later confirmed it was the company's biggest investment in
the country.

"The investment announced today will enable Microsoft to meet the growing demand
for cloud computing services in Indonesia," it said.

Research by global consulting firm Kearney showed AI was poised to contribute $1
trillion to Southeast Asia's GDP by 2030, with Indonesia predicted to see more
than a third of that, the statement said.

Budi told reporters Jakarta was lobbying Microsoft to open a research and
development centre in Indonesia, including in the planned new capital Nusantara
that is due to open from August.

"We offered several places: Bali, IKN (Nusantara)," he said.

Microsoft has been hugely rewarded by investors since it aggressively pushed
into rolling out generative AI, starting with its $13 billion partnership with
OpenAI, the creator of ChatGPT, in 2023.

Nadella said last week sales in the January-to-March period rose by 17 percent
from a year earlier to $61.9 billion, with net profit up 20 percent to $21.9
billion.

The embrace of AI has boosted sales of Microsoft's key cloud services such as
Azure, which have become the core of its business under Nadella's leadership.

Nadella's visit comes just weeks after Apple CEO Tim Cook met Jokowi and
president-elect Prabowo Subianto as the tech giant explores ways to diversify
supply chains away from China.

Cook said Apple was looking at potentially investing in manufacturing in
Indonesia.

Nadella is travelling on to Thailand and then Malaysia this week on a regional
tour to promote Microsoft's AI tech.






READ MORE NEWS ON

MicrosoftAIInvestmentIndonesiaCloud



AMAZON TOP DEALS

POWERED BY

 * Voltas 1.5 Ton 5 Star, Inverter Split AC(Copper, 4-in-1 Adjustable Mode,
   Anti-dust Filter, 2023 Model, 185V Vectra Elegant,White)
   
   ₹41,990₹59,990
   Buy Now
   
   30%
   
   OFF

 * IFB 8 Kg 5 Star AI Powered Fully Automatic Front Load Washing Machine Steam
   Refresh (SENATOR WSS 8014, Silver, In-built Heater, 4 years Comprehensive
   Warranty)
   
   ₹37,200₹45,690
   Buy Now
   
   19%
   
   OFF

 * Crompton Ozone Desert Air Cooler- 75L; with Everlast Pump, Auto Fill, 4-Way
   Air Deflection and High Density Honeycomb Pads; White & Teal
   
   ₹11,040₹17,200
   Buy Now
   
   36%
   
   OFF

 * atomberg Studio Smart+ 1200mm BLDC Motor 5 Star Rated Ceiling Fan with IoT
   and Remote | Smart Fan with LED Indicators | High Air Delivery | Saves Upto
   65% Energy | 2+1 Year Warranty (Earth Brown)
   
   ₹6,049₹8,490
   Buy Now
   
   29%
   
   OFF

 * Lenovo IdeaPad Slim 3 Intel Core i7 12th Gen 15.6 inch (39.62cm) FHD Thin &
   Light Laptop (16GB/512GB SSD/Windows 11/Office 2021/3months Game Pass/Arctic
   Grey/1.63Kg), 82RK011EIN
   
   ₹59,990₹82,990
   Buy Now
   
   28%
   
   OFF

 * LG 833 L Frost Free Smart Inverter Compressor Wi-Fi Side-By-Side Refrigerator
   Appliance (GC-B307SSVL, Noble Steel2, Door Cooling+ | Hygiene Fresh+)
   
   ₹99,899₹1,59,999
   Buy Now
   
   38%
   
   OFF

 * Xiaomi 138.8 cm (55 inches) 4K Ultra HD Smart Android OLED Vision TV
   O55M7-Z2IN (Black)
   
   ₹99,999₹1,99,999
   Buy Now
   
   50%
   
   OFF

 * Mi Air Purifier for Home 4, India's only Allergy Care Certified, Equipped
   with Ionizer & Laser Sensor, True HEPA Filter, Traps 99.99% Viruses & PM 0.1,
   Covers 516 Sq.Ft, OLED Touch screen, White
   
   ₹16,499₹19,999
   Buy Now
   
   18%
   
   OFF

 * Aquaguard Aura RO+UV+UF+Taste Adjuster(MTDS) with Active Copper & Zinc 7L
   water purifier,8 stages of purification,suitable for
   borewell,tanker,municipal water(Black) from Eureka Forbes
   
   ₹15,499₹24,500
   Buy Now
   
   37%
   
   OFF

 * LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised
   Rotisserie & Diet Fry)
   
   ₹23,990
   Buy Now


 * 1
 * 2
 * 3

View Today's Top Deals on Amazon »




POLL OF THE DAY


WILL WIPRO'S FORTUNES REVERSE UNDER A NEW CEO?

YesNoCan't say





LATEST FROM ET

 * Should bulls go away in May? If not to vote but to wait till results
 * Musk sacks Tesla senior staff frustrated by sales
 * MDH, Everest now face heat in another country


Tech Top Trending Terms

 * RBI Monetary Policy 2024 Live UpdatesSamsung Galaxy S24Sam AltmanWorldcoin
   crypto
 * Sam Altman OpenAIGreg BrockmanET Soonicorns Summit 2023 LiveWinzo Investment
 * Nodwin GamingTata Elxsi Cyber Security SolutionsMeta Ai FeaturesAtlas Fund
   Raise
 * Tracxn On Startup FundingCred GarageVinfastOyo
 * Instacart IPOAnuj RathiUberSoftBank Arm Holdingsshares
 * Databricks fundingByjusInstagram down




Trending Now

MORE
RBI Monetary Policy Live UpdatesSamsung Galaxy S24Sam AltmanAakash saleZomato
IndoreDPDzero fundingOnline gaming taxDunzo crisisZomato share priceWeWorkGokul
SubramaniamONDC Network Gift CardApoorva Mehta

Hot on Web

MORE
Manabadi TS SSC Results 2024 Live UpdatesLok Sabha Elections 2024 Live UpdatesUK
Board 2024 ResultSensex TodayT20 World Cup SquadMahadev Betting App
CaseEVM-VVPAT CaseHDFC Bank Q4 ResultsWipro Q4 ResultsQ4 results todayInfosys
share priceVodafone Idea FPOLok Sabha Elections 2024 Phase 1Infosys Q4
ResultsPunjab Board 10 ResultsLok Sabha Election 2024 First PhaseAngry Rantman

In Case you missed it

MORE
DC vs KKR Live ScoreSamsung Galaxy S24IPL Auction LiveSam Altmanworld coin
cryptoByjusprivate equity fundsZomato IndoreWinzo InvestmentTata Elxsi Cyber
Security SolutionsMeta Ai FeaturesDPDzero fundingOnline gaming gstDunzo
crisisAtlas FundingGokul SubramaniamOyo maiden profitWeWork India

Top Calculators

MORE
Standard Deviation CalculatorIncome Tax CalculatorAge CalculatorTime
CalculatorBMI CalculatorGPA CalculatorStatistics CalculatorFraction
CalculatorDiabetes Risk CalculatorDate CalculatorLog Calculator
MORE

Top Searched Companies

Power Finance Corp. Share PriceTata Tele Share PriceTV Today Network Share
PriceHBL Power Share PriceBajaj Finserv Share PriceFsn E Commerce Ventures Ltd
Share PriceOil India Ltd Share PriceTanla Solutions Share PriceDeepak
Fertilisers Share PricePb Fintech Ltd Share Price
MORE

Top Slideshow

Income Tax Rule Change Salaried Individuals Pensioners Must KnowHow Much
Standard Deduction Will Family Pensioners GetItcIncome Tax Rule Change Salaried
Individuals Pensioners Must KnowHg Infra EngineeringHow Much Standard Deduction
Will Family Pensioners GetHg Infra EngineeringYouve Been Doing It WrongItcYouve
Been Doing It Wrong
MORE

Private Companies

Akara Capital Advisors Private LimitedMegha Engineering Infrastructures
LimitedAristo Pharmaceuticals Private LimitedAl Kabeer Exports Private
LimitedHaldiram Snacks Pvt Ltd
MORE

Top Videos

Metro Pillar Collapses In Delhi Car Crushed 2 InjuredNew Tax Regime All The
Changes You Should Know AboutAdani Groups Cfo Jugeshinder Singh Clarifies On The
Hindenburg Report WatchBards Big Blunder How Google Lost 100bn OvernightAir
Indias Mega 80 Billion Deal Of 470 Aircraft What It Means For The Aviation
IndustryAdani Enterprises Adani Ports Ambuja Cement Under Asm What Does It
MeanBudget 23 Big Announcements In Slabs Under New Tax RegimeIndia Strikes White
Gold 5 9 Mn Tonnes Lithium Deposits Found In Jammu And KashmirWatch Buildings
Collapse After Turkey EarthquakeChatgpt Vs Bard Google Microsoft Lock Horns Over
Ai Driven Search
MORE

Top Definitions

Theory X Theory YMacroeconomicsAutocratic LeadershipPersonal SellingInflation
MORE

Top Commodities

Zinc RateNickel RateCrudeoil RateKapas RateCotton Rate
MORE

Top Prime Articles

Adani Fiasco Interest Rates Geopolitical Tensions Why 2023 Will Be A Tough Year
For Investors4 Insights To Kick Start Your Day Featuring Tatas Ev Biz Stake
SaleLithium Found In Jk Heres How To Turn It Into A Catalyst For Indias Clean
Energy MissionHirakud Industrial Works Insolvency How Hindalco And Hirakud
Workers Union Unveiled A Staged ActYuan Internationalisation Sees Significant
Progress In 2022 Can It Maintain The MomentumAfter Dodging Bankruptcy Thrice In
Five Years Rolta India Has Been Dragged To Insolvency Court AgainHow To Ensure
The Fair Use Of The Data That Powers Conversational Generative Ai Tools Like
Chatgpt4 Insights To Kick Start Your Day Featuring Airtels Big Potential Deal
With PaytmCan Mauritius African Odyssey Steer Clear Of The Hindenburg Adani
Sized Iceberg3 Insights To Kick Start Your Day Featuring Mukesh Ambani Repeating
Old Playbook
MORE

Top Story Listing

Sbi Q3 ResultsNasdaqEarthquake In NoidaReliance Jio Share PriceGlobal Markets


Copyright © 2024 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint
rights: Times Syndication ServiceCookies Settings



Stories you might be interested in

Subscribe to ourET Investment Opportunities
SUBMIT
BACK TO TOP
X
Contact Us

Loading
Please wait...



By clicking “Accept All Cookies”, you agree to the storing of cookies on your
device to enhance site navigation, analyze site usage and Marketing
effortsCookie Policy
Accept All Cookies Reject All



PRIVACY PREFERENCE CENTER

When you visit any website, it may store or retrieve information on your
browser, mostly in the form of cookies. This information might be about you,
your preferences or your device and is mostly used to make the site work as you
expect it to. The information does not usually directly identify you, but it can
give you a more personalized web experience. Because we respect your right to
privacy, you can choose not to allow some types of cookies. Click on the
different category headings to find out more and change our default settings.
However, blocking some types of cookies may impact your experience of the site
and the services we are able to offer.
Allow All


MANAGE CONSENT PREFERENCES

STRICTLY NECESSARY COOKIES

Always Active

These cookies are necessary for the website to function and cannot be switched
off in our systems. They are usually only set in response to actions made by you
which amount to a request for services, such as setting your privacy
preferences, logging in or filling in forms. You can set your browser to block
or alert you about these cookies, but some parts of the site will not then work.
These cookies do not store any personally identifiable information.

View Vendor Details‎

PERFORMANCE COOKIES

Performance Cookies

These cookies allow us to count visits and traffic sources so we can measure and
improve the performance of our site. They help us to know which pages are the
most and least popular and see how visitors move around the site. All
information these cookies collect is aggregated and therefore anonymous. If you
do not allow these cookies we will not know when you have visited our site, and
will not be able to monitor its performance.

View Vendor Details‎

FUNCTIONAL COOKIES

Functional Cookies

These cookies enable the website to provide enhanced functionality and
personalisation. They may be set by us or by third party providers whose
services we have added to our pages. If you do not allow these cookies then some
or all of these services may not function properly.

View Vendor Details‎

TARGETING COOKIES

Targeting Cookies

These cookies may be set through our site by our advertising partners. They may
be used by those companies to build a profile of your interests and show you
relevant adverts on other sites. They do not store directly personal
information, but are based on uniquely identifying your browser and internet
device. If you do not allow these cookies, you will experience less targeted
advertising.

View Vendor Details‎
Back Button


VENDORS LIST



Search Icon
Filter Icon

Clear
checkbox label label
Apply Cancel
Consent Leg.Interest
checkbox label label
checkbox label label
checkbox label label

Reject All Confirm My Choices