Microsoft said it will invest $1.3 billion over the next three years to build its infrastructure in Mexico for cloud computing and artificial intelligence.
“We’re doubling down on bringing more capacity to Mexico,” Microsoft 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 initiative aims to reach 5 million Mexicans and 30,000 SMBs in three years.
Already, Mexican firms such as breadmaker Bimbo and cement producer Cemex use Microsoft’s AI tools.
Microsoft and Viasat are working to bring the internet to more than 150,000 Mexicans previously without cellular connectivity by the end of 2025.
