Microsoft to invest $1bn in Thailand's cloud and AI infrastructure [Yahoo! Finance]
ADVANCED INFO SVC PLC ADR (AVIFY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
cloud and artificial intelligence (AI) infrastructure as well as ongoing operations. The announcement followed a meeting in Bangkok between Microsoft vice chair and president Brad Smith and Thai Prime Minister Anutin Charnvirakul. The initiative forms part of a broader effort aimed at advancing national growth, economic competitiveness, and access to AI technology in Thailand. Microsoft's planned investment includes the construction of data centre infrastructure that meets company-wide standards for reliability and environmental management. This development is expected to help foster new employment opportunities for skilled professionals and facilitate knowledge transfer within the country's technology sector. Microsoft has entered partnerships with entities such as Gulf Development Public Company, Advanced Info Service, Charoen Pokphand Group (CP Group), True Corporation, and True Internet Data Center (True IDC). These collaborations aim to create economic value beyond ph
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