CNBC April 30, 2024
Sheila Chiang

Key Points

– Microsoft on Tuesday said it will invest $1.7 billion into Indonesia over the next four years to build new cloud and AI infrastructure.

– CEO Satya Nadella met with Indonesian President Joko Widodo on the same day.

– “The investments we are announcing today – spanning digital infrastructure, skilling, and support for developers – will help Indonesia thrive in this new era,” Nadella said in a statement.

Microsoft on Tuesday said it will pump $1.7 billion into Indonesia over the next four years to build new cloud and AI infrastructure. The announcement came as CEO Satya Nadella met with Indonesian President Joko Widodo on the same day.

Microsoft said the funds will also go toward training 840,000...

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