Berliner Boersenzeitung - Microsoft to invest $2.9 bn in Japan AI push

EUR -
AED 4.401854
AFN 77.897256
ALL 96.833701
AMD 453.488183
ANG 2.145273
AOA 1098.954337
ARS 1729.081733
AUD 1.717911
AWG 2.15866
AZN 2.040433
BAM 1.967924
BBD 2.410672
BDT 146.262316
BGN 2.012596
BHD 0.451741
BIF 3559.317113
BMD 1.198423
BND 1.51589
BOB 8.270852
BRL 6.245461
BSD 1.196884
BTN 109.783816
BWP 15.753184
BYN 3.410526
BYR 23489.096101
BZD 2.407251
CAD 1.629915
CDF 2684.467728
CHF 0.918076
CLF 0.026087
CLP 1030.047915
CNY 8.334614
CNH 8.319005
COP 4402.875269
CRC 594.668609
CUC 1.198423
CUP 31.758217
CVE 110.793941
CZK 24.250068
DJF 212.983927
DKK 7.467255
DOP 75.441109
DZD 154.838707
EGP 56.32577
ERN 17.976349
ETB 185.75505
FJD 2.638029
FKP 0.875018
GBP 0.869277
GEL 3.229785
GGP 0.875018
GHS 13.10474
GIP 0.875018
GMD 87.484534
GNF 10486.203264
GTQ 9.183655
GYD 250.410645
HKD 9.3486
HNL 31.710475
HRK 7.538203
HTG 156.968364
HUF 380.014633
IDR 20012.470194
ILS 3.722842
IMP 0.875018
INR 109.714872
IQD 1569.934484
IRR 50483.580457
ISK 145.296991
JEP 0.875018
JMD 188.048533
JOD 0.849674
JPY 182.912353
KES 154.872094
KGS 104.8009
KHR 4830.844578
KMF 493.750766
KPW 1078.604207
KRW 1722.583589
KWD 0.36696
KYD 0.997445
KZT 602.997475
LAK 25817.036779
LBP 102525.11035
LKR 370.616394
LRD 222.24754
LSL 19.126971
LTL 3.538632
LVL 0.724915
LYD 7.579969
MAD 10.851761
MDL 20.180327
MGA 5362.944187
MKD 61.664206
MMK 2516.748037
MNT 4272.540069
MOP 9.617632
MRU 47.793202
MUR 54.551915
MVR 18.515755
MWK 2080.462606
MXN 20.660008
MYR 4.735568
MZN 76.411323
NAD 19.12714
NGN 1687.955172
NIO 43.98542
NOK 11.521264
NPR 175.654642
NZD 1.992241
OMR 0.460804
PAB 1.196864
PEN 4.010525
PGK 5.10172
PHP 70.626078
PKR 335.259502
PLN 4.197765
PYG 8022.492074
QAR 4.363467
RON 5.096534
RSD 117.411955
RUB 91.863782
RWF 1740.110589
SAR 4.4941
SBD 9.680475
SCR 16.921881
SDG 720.847311
SEK 10.55304
SGD 1.512938
SHP 0.899128
SLE 29.124591
SLL 25130.335892
SOS 684.955658
SRD 45.895983
STD 24804.942092
STN 24.687519
SVC 10.472563
SYP 13254.051915
SZL 19.126646
THB 37.171467
TJS 11.179126
TMT 4.194481
TND 3.392135
TOP 2.885515
TRY 52.012492
TTD 8.139212
TWD 37.57956
TZS 3061.041504
UAH 51.378175
UGX 4273.36308
USD 1.198423
UYU 44.84629
UZS 14530.882075
VES 429.60616
VND 31319.59375
VUV 143.507965
WST 3.270848
XAF 660.03991
XAG 0.011307
XAU 0.000236
XCD 3.238799
XCG 2.157108
XDR 0.823023
XOF 662.125411
XPF 119.331742
YER 285.707797
ZAR 19.153443
ZMK 10787.225649
ZMW 23.632299
ZWL 385.891804
  • SCS

    0.0200

    16.14

    +0.12%

  • JRI

    -0.0500

    13.68

    -0.37%

  • BCC

    -1.6600

    81.74

    -2.03%

  • CMSC

    0.0200

    23.8

    +0.08%

  • RBGPF

    -0.8300

    82.4

    -1.01%

  • GSK

    0.4800

    50.8

    +0.94%

  • NGG

    1.7300

    84.31

    +2.05%

  • AZN

    1.3700

    95.6

    +1.43%

  • BCE

    0.3700

    25.52

    +1.45%

  • RYCEF

    0.1500

    17.15

    +0.87%

  • RIO

    2.4400

    92.91

    +2.63%

  • CMSD

    -0.0630

    24.097

    -0.26%

  • RELX

    -1.1500

    38.36

    -3%

  • BP

    0.8600

    37.62

    +2.29%

  • BTI

    1.3500

    60.34

    +2.24%

  • VOD

    0.2700

    14.5

    +1.86%

Microsoft to invest $2.9 bn in Japan AI push
Microsoft to invest $2.9 bn in Japan AI push / Photo: OLIVIER DOULIERY - AFP

Microsoft to invest $2.9 bn in Japan AI push

Microsoft on Tuesday announced a $2.9 billion investment over the next two years in Japan to bolster the country's push into artificial intelligence and strengthen its cyber defences in the face of threats from China and Russia.

Text size:

The announcement coincides with Japanese Prime Minister Fumio Kishida's visit to Washington, underscoring Tokyo's commitment to becoming a major AI power.

Japan is also expanding its semiconductor industry with the help of big foreign investment. Taiwanese chip behemoth TSMC opened a new $8.6-billion chip factory in southern Japan in February, and is planning a second facility.

Microsoft has become a major player in the advancement of AI through its partnership with ChatGPT-maker OpenAI -- propelling it past Apple as the world's biggest company by market capitalisation.

"This is Microsoft's single largest investment in its 46-year history in Japan," said Brad Smith, Vice Chair and President of Microsoft, who met Kishida on Tuesday.

"These investments are essential ingredients for Japan to build a robust AI economy."

The investment includes providing "more advanced computing resources", according to Smith, including powerful graphics processing units crucial for running AI applications.

Microsoft also pledged to invest in training three million Japanese workers in AI skills over the next three years, and announced the opening of its first Microsoft Research Asia lab in Tokyo that will work on AI and robotics.

The US company also unveiled plans to collaborate with Japan's government to strengthen the country's cybersecurity following an increase in hacking and breaches.

"The threat landscape for cybersecurity has become more challenging," Smith told the Nikkei news outlet.

"We're seeing that from China and from Russia in particular, but we're also seeing growing ransomware activity around the world."

Google in March also launched a new cybersecurity hub in Japan, aimed at helping to upgrade defences in the Asia-Pacific.

Kishida will meet President Joe Biden on Wednesday with defence ties high on the agenda, but also cooperation in technology from space to semiconductors.

Motivated by geopolitical concerns surrounding Taiwan, Tokyo is seeking to bring back the 1980s glory days when Japanese firms such as Toshiba and NEC dominated the microchip market.

As well as the TSMC plants, Japan is ploughing around $6 billion into its next-generation semiconductor venture called Rapidus, involving a host of Japanese firms including Sony and Toyota.

Rapidus is collaborating with US giant IBM with the aim of mass-producing two-nanometre logic chips in Japan from 2027.

On Tuesday, alongside Microsoft's investment, two new AI research partnerships were announced between four US and Japanese universities.

The research programmes, funded by tech firms including Nvidia, Amazon, Arm and SoftBank Group as well as Microsoft, "can help set the standard in this fast-evolving field", US Ambassador Rahm Emanuel said.

Rene Haas, CEO of British chip designer Arm, also hailed the "historic" new university partnerships.

"The unprecedented progress we've seen in AI will transform virtually every industry and improve countless lives," he said.

(A.Lehmann--BBZ)