Satya Nadella says Microsoft will pump $1.7bn into Indonesia for AI and cloud projects as Big Tech floods into Southeast Asia [Fortune]
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Source: Fortune
Chief Executive Officer Satya Nadella announced the outlay, to be made over four years, after meeting with President Joko Widodo in Jakarta on Tuesday. The company also pledged to help train 2.5 million people in Southeast Asia with AI skills, including 840,000 in Indonesia. Microsoft's leader is on a three-country tour of Southeast Asia. The region, once neglected by corporate chieftains who focused on giant economies such as China and India, has become more popular of late as CEOs jockey for position during a time of rising geopolitical tensions. It's one of the biggest battlegrounds for technology giants and startups from China and the US. Before Nadella, Nvidia Corp.'s Jensen Huang and Apple Inc.'s Tim Cook also paid high-profile visits to the region, chasing a young and tech-savvy population as Chinese growth wanes. “The intelligence revolution is going to be the next major bend in the curve of GDP growth,” Nadella told hundreds of attendees at a company event in Jakarta, in
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