Microsoft to invest $1B in Thailand

Microsoft Corp plans to invest $1 billion in Thailand over the next two years to build cloud and artificial intelligence infrastructure, executives said on Tuesday, as the Southeast Asian nation seeks to become a regional digital hub.

The investment announcement followed a meeting between Microsoft Vice Chair and President Brad Smith and Prime Minister Anutin Charnvirakul at Government House. The Prime Minister, who also serves as Interior Minister, welcomed the move as a major boost to Thailand’s “AI-First Nation” strategy.