Microsoft will invest an additional 5.4 billion rand ($296.81 million) by the end of 2027 to expand its cloud and artificial intelligence infrastructure in South Africa to meet the growing demand for the company's Azure services in the region.

Microsoft will invest $295 million over the next two years in South Africa on AI and cloud infrastructure, and will train 1 million youngsters.

Microsoft Corp. will invest an additional 5.4 billion rand ($297 million) in South Africa by the end of 2027 to expand its cloud and artificial intelligence capacity in the country.

Tech giant Microsoft will invest $298 million on artificial intelligence (AI) and data centre infrastructure in South Africa

Microsoft announces a groundbreaking R5. 4 billion investment in South Africa, aimed at training one million citizens in AI and creating vital employment opportunities through technological advancement.

Microsoft president Brad Smith has announced during a visit to Johannesburg that the US software giant will invest R5.4-billion in new data centre infrastructure in South Africa. The new data centres will be built for artificial intelligent workloads, Smith announced at an industry event on Thursday attended by President Cyril Ramaphosa.

Microsoft (NASDAQ:MSFT) will invest 5.4B rand (about $296.81M) more in South Africa by the end of 2027 to expand its cloud and AI infrastructure to meet the increasing demand for its Azure cloud services in the region,