Mexico Gets a Billion-Dollar Boost: Microsoft Invests Heavily in Cloud and AI Infrastructure
- [알파경제=(시카고) 폴 리 특파원] Microsoft invests in building technology infrastructure in Mexico.
- Microsoft announced on the 24th (local time) that it will invest $1.3 billion over the next three years to build infrastructure for cloud computing and AI in Mexico.
- Additionally, the investment will be used to improve connectivity for small and medium-sized businesses and promote the adoption of AI technologies, it said.
Microsoft headquarters. (Photo = Yonhap News)
[알파경제=(시카고) 폴 리 특파원] Microsoft invests in building technology infrastructure in Mexico.
Microsoft announced on the 24th (local time) that it will invest $1.3 billion over the next three years to build infrastructure for cloud computing and AI in Mexico.
Additionally, the investment will be used to improve connectivity for small and medium-sized businesses and promote the adoption of AI technologies, it said.
“We are doubling down to provide more capacity in Mexico,” Chairman and CEO Satya Nadella said at an event in Mexico City.
Satya Nadella, Chairman and CEO of Microsoft. (Photo = Yonhap News)
According to the statement, the initiative aims to reach 5 million Mexicans and 30,000 small and medium-sized enterprises within three years.
“This is great news for our country,” Marcelo Ebrard, Mexico’s incoming Economy Minister, said in a social media post after his meeting with Nadella. “The planned investments will help Mexico rapidly ramp up its AI capabilities.”
Already, Mexican companies including bread maker Bimbo and cement producer Cemex are using Microsoft’s AI tools.
Microsoft and telecommunications company Viasat have said they are working to provide internet access to more than 150,000 Mexicans without cellular connectivity by the end of 2025.
Alpha Economy Correspondent Paul Lee (hoondork1977@alphabiz.co.kr)
