Microsoft Announces R5 Billion AI Investment in South Africa

Microsoft is set to invest R5 billion in AI and infrastructure in South Africa, with a focus on enhancing public sector capabilities, providing education and certification opportunities, and reinforcing diplomatic relations as the country prepares for the G20 summit. This investment increases Microsoft’s total commitment to R25.8 billion in South Africa.

Tech giant Microsoft is preparing to invest R5 billion in artificial intelligence and data center infrastructure within South Africa. During a press briefing with President Cyril Ramaphosa, Microsoft’s President and Vice Chair, Brad Smith, referred to AI as a pivotal general-purpose technology, likening its transformative potential to that of electricity and the steam engine.

Smith highlighted the necessity for greater AI adoption within South Africa’s public sector, commending the South African Revenue Service (SARS) for its successful use of AI technology. Furthermore, Microsoft will support 50,000 individuals in pursuing courses and certifications in cloud architecture, AI, and cybersecurity.

During the same conference, President Cyril Ramaphosa remarked that this investment arrives “at a pivotal time,” as South Africa is gearing up to host the Group of 20 (G20) economies in November. He characterized the investment as a momentous occasion.

This new investment will augment Microsoft’s previous R20.4 billion commitment in South Africa, bringing total investments to R25.8 billion. This commitment is especially significant amid ongoing political tensions between South Africa and the United States over various policies, including land ownership laws.

Ramaphosa humorously noted to Smith, “I said to Brad: you are very brave,” referencing the absence of US officials during preliminary G20 discussions in South Africa last month. He also emphasized Microsoft’s commitment to the continent by describing it as “an American company with an African heart.”

South Africa aims to leverage its G20 presidency to advocate for equitable and inclusive AI development. Ramaphosa expressed that the country is dedicated to ensuring that modern technological adoption significantly enhances economic growth and industrialization throughout Africa.

In summary, Microsoft’s R5 billion investment in South Africa represents a crucial step towards enhancing AI capabilities and infrastructure. The investment underscores the potential of AI as a transformative technology and reflects a commitment to bolstering skills in cloud architecture, AI, and cybersecurity. Additionally, this investment highlights diplomatic relations and technological advancement priorities as South Africa prepares for its G20 presidency.

Original Source: www.2oceansvibe.com