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Microsoft to invest $1.7 billion in Indonesia to expand cloud infra
When Microsoft posted its quarterly earnings last week, its CFO Amy Hood said that customers wanted more cloud compute for their AI workloads than the company could supply.
Analysts say that other hyperscalers, such as AWS and Google Cloud, too face the same issue.
Microsoft, according to analysts, has penned down a budget of over $50 billion for 2024 to update and expand its data center infrastructure.
The company recently said it was investing $2.9 billion and $3.16 billion to expand its infrastructure in Japan and the UK.
On the other hand, AWS reportedly is expected to invest $150 billion over 15 years to expand its infrastructure to support AI demand.
In January this year, the company said it was committing $15.24 billion to expand its cloud infrastructure in Japan by 2027 in order to meet growing customer demand for its cloud services, including generative AI.
