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Investing.com -- Microsoft (NASDAQ:MSFT) has announced plans to invest an additional 5.4 billion rand, equivalent to $296.81 million, in artificial intelligence (AI) infrastructure in South Africa. This information was disclosed by Brad Smith, the Vice Chair and President of Microsoft, on Thursday.
The investment is set to boost South Africa’s AI infrastructure, with Microsoft leading the charge. As one of the tech industry’s giants, Microsoft’s commitment to AI development in South Africa signifies a major step in the region’s technological advancement.
Brad Smith, who holds the dual role of Vice Chair and President at Microsoft, made the announcement of this additional investment on Thursday.
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