Microsoft is investing 5.4 billion rand in South Africa by 2027 to expand its cloud and AI services. The investment includes technical training for 50,000 individuals and follows a previous 20.4 billion rand spent on data centers in the region. This initiative is part of a larger $80 billion commitment to infrastructure development.
Microsoft (MSFT) has announced a significant investment of 5.4 billion rand (approximately $296.81 million) in South Africa by 2027. This capital is earmarked for the expansion of its cloud and artificial intelligence infrastructure to address the increasing demand for Azure cloud services, as reported by Reuters.
In addition to infrastructure, the investment will support the technical certification of 50,000 individuals in high-demand digital sectors, such as cloud architecture, AI, and cybersecurity. This initiative was highlighted by Microsoft Vice Chair and President Brad Smith during an event held in Johannesburg.
Previously, Microsoft has invested 20.4 billion rand in establishing enterprise-grade data centers in cities including Johannesburg and Cape Town. Furthermore, earlier this year, the company set goals to train 1 million South Africans in AI and cybersecurity by 2026.
This strategic move is part of Microsoft’s broader commitment to enhancing data center infrastructure, with plans to invest $80 billion in development for fiscal 2025.
Microsoft’s planned investment of 5.4 billion rand in South Africa aims to bolster its cloud and AI infrastructure while fulfilling the rising regional demand for tech services. The commitment includes extensive training opportunities and aligns with the company’s overarching strategy to expand its infrastructural footprint significantly by 2025. Through this investment, Microsoft is not only enhancing its capabilities in South Africa but also contributing to the development of the local digital workforce.
Original Source: www.gurufocus.com
