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CEO Satya Nadella announces Microsoft’s $1.7 billion investment in AI infrastructure in Indonesia

April 30, 2024
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On Tuesday, Microsoft announced plans to invest $1.7 billion in Indonesia over the next four years for the development of new cloud and AI infrastructure. This announcement coincided with a meeting between CEO Satya Nadella and Indonesian President Joko Widodo on the same day.

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Microsoft’s latest AI investment is focused on the Middle East

April 16, 2024
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Microsoft is set to inject $1.5 billion into Abu Dhabi's G42, an artificial intelligence organization that has been scrutinized for its connections to China.

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Mustafa Suleyman, co-founder of DeepMind, appointed as CEO of Microsoft’s new AI division

March 19, 2024
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On Tuesday, Microsoft announced the hiring of Mustafa Suleyman, a co-founder of DeepMind, an artificial intelligence startup acquired by Google in 2014. Suleyman will assume the role of Executive Vice President and CEO of Microsoft AI, reporting directly to CEO Satya Nadella.

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Microsoft’s stock is poised for a surge in revenue driven by AI technology.

January 29, 2024
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Microsoft (MSFT.O) is anticipated to announce a 15.8% increase in quarterly revenue, marking its strongest growth in almost two years. This surge is attributed to the growing adoption of its products integrated with generative AI, which is driving demand for its cloud services.