{"id":859781,"date":"2024-09-25T17:48:09","date_gmt":"2024-09-25T12:18:09","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=859781"},"modified":"2024-09-26T07:04:32","modified_gmt":"2024-09-26T01:34:32","slug":"microsoft-to-spend-1-3-billion-in-mexico-on-cloud-ai-tech-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/25\/microsoft-to-spend-1-3-billion-in-mexico-on-cloud-ai-tech-2\/","title":{"rendered":"Microsoft to spend $1.3 billion in Mexico on cloud, AI tech"},"content":{"rendered":"<p>Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday. <\/p>\n<p>&#8220;We&#8217;re doubling down on bringing more capacity to Mexico,&#8221; Chairman and CEO Satya Nadella said at an event in Mexico City. <\/p>\n<p>The investment will go toward improving connectivity and boosting the adoption of AI technology by small and medium-sized businesses (SMBs), the firm said in a statement. <\/p>\n<p>The initiative aims to reach 5 million Mexicans and 30,000 SMBs in three years, according to the statement. <\/p>\n<p>Already, Mexican firms such as breadmaker Bimbo and cement producer Cemex use Microsoft&#8217;s AI tools. <\/p>\n<p>Microsoft and communications company Viasat are also working to bring the internet to more than 150,000 Mexicans previously without cellular connectivity by the end of 2025, Microsoft said. <\/p>\n<p>&#8220;This is great news for our country,&#8221; incoming Economy Minister Marcelo Ebrard said in a post on X after meeting with Nadella, adding that the planned investment will help Mexico quickly boost its AI capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday. &#8220;We&#8217;re doubling down on bringing more capacity to Mexico,&#8221; Chairman and CEO Satya Nadella said at an event in Mexico City. The investment will go toward improving connectivity and boosting the adoption of AI technology by small and medium-sized businesses (SMBs), the firm said in a statement. The initiative aims to reach 5 million Mexicans and 30,000 SMBs in three years, according to the statement. Already, Mexican firms such as [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-859781","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/859781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=859781"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/859781\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=859781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=859781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=859781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}