Microsoft to invest $10 billion in Japan's AI industry

Microsoft has unveiled its plan to invest 10 billion dollars by 2029 to improve the artificial intelligence environment in Japan. Microsoft vice chair and President Brad Smith met Japanese Prime Minister Takaichi Sanae in Tokyo on Friday and explained the objectives.

The tech giant plans to establish an environment in which advanced AI technology can be developed while managing data in Japan. Japanese telecom giant Soft Bank and data center operator Sakura Internet will be co-participants. Microsoft also aims to cultivate one million engineers and other human resources by 2030 in the country by working with NTT Data Japan and electronics firm NEC.