Microsoft (MS) plans to speculate $2.9 billion (about 4 trillion won) over two years to strengthen cloud computing and artificial intelligence (AI) infrastructure in Japan. That is the most important investment in Japan, and Japan can also be the most important investment country in america.
Bloomberg reported on the ninth (local time) that Microsoft President Brad Smith made this announcement after meeting Japanese Prime Minister Fumio Kishida, who was making his first official visit to america in nine years.
Moreover, Microsoft announced that it would expand its digital education program to offer AI technology to greater than 3 million Japanese over the subsequent three years. It plans to open a research center in Japan focused on AI and robotics while deepening cybersecurity cooperation with the Japanese government.
Prime Minister Kishida is scheduled to carry a summit meeting with President Joe Biden on the tenth. The 2 leaders are expected to announce plans to strengthen U.S.-Japan relations in a big selection of fields, including national defense, economic security, semiconductors, AI, and core technologies resembling quantum computing.
Prime Minister Kishida held a gathering with executives from major U.S. corporations in Washington and urged investments linked to core technologies resembling semiconductors, AI, and quantum computing. “Your investment will enable Japan’s economic growth,” he said. “The cash invested in Japan will change into capital that may drive more investment back to america.”
He also plans to go to Toyota Motor Corp.'s battery plant and a Honda aircraft plant in North Carolina throughout the week to spotlight the advantages of Japanese investment within the U.S. economy.
In accordance with the U.S. Bureau of Economic Evaluation, Japan is the country that has invested probably the most within the U.S., with $775.2 billion (about 1,000 trillion won) as of the tip of 2022. Canada and the UK follow, and China's investment is far smaller, at $44.8 billion (about 60 trillion won).
Meanwhile, Microsoft has been expanding AI and cloud investments in major regions outside america because the end of last yr. In December of last yr, it promised to speculate $3.2 billion (about 4.3 trillion won) within the UK, $3.4 billion (about 4.6 trillion won) in Germany in February this yr, and $2.1 billion (about 2.8 trillion won) in Spain.
Reporter Lim Da-jun ydj@aitimes.com
