GMBStaff

 9 Apr 24

tl;dr

Microsoft (NASDAQ:MSFT) is set to invest $2.9B in data centers in Japan by 2025 to enhance its artificial intelligence business in the country. This move comes as Japan's Prime Minister Fumio Kishida visits the U.S., according to a report by Nikkei Asia. Microsoft President Brad Smith revealed in an...

Microsoft (NASDAQ:MSFT) is set to invest $2.9B in data centers in Japan by 2025 to enhance its artificial intelligence business in the country. This move comes as Japan's Prime Minister Fumio Kishida visits the U.S., according to a report by Nikkei Asia. Microsoft President Brad Smith revealed in an interview that the tech giant will deploy advanced AI semiconductors at two existing facilities in eastern and western Japan. Additionally, Microsoft plans to launch an AI-related reskilling program in Japan, aiming to train three million workers over three years. The company also intends to establish a new lab in Tokyo for robotics and AI research and development, supported by Microsoft Research Asia. Furthermore, Microsoft will collaborate with Japan's government to bolster cybersecurity resilience. Notably, the launch of Microsoft-backed OpenAI's ChatGPT in 2022 has stirred widespread interest in generative AI services globally. This has led to a surge in the development of large language models (LLMs), offering services such as content, image, and voice generation. The demand for LLMs, particularly for services like ChatGPT on cloud platforms, has been growing. Concurrently, Japan has been actively working to strengthen its semiconductor manufacturing capabilities. The country has allocated around ¥4T over the past three years to regain footing in the chipmaking arena. Prime Minister Kishida is reportedly aiming to provide ¥10T in financial aid to chipmakers, in collaboration with the private sector, signaling Japan's determination to reinvigorate its position in semiconductor production.

More about Microsoft Corporation

Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Its flagship software products include the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. The company's primary hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers. Microsoft ranked No. 21 in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue and was the world's largest software maker by revenue as of 2016. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Amazon, and Facebook.

Industry: Technology

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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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