Microsoft has announced its largest investment in Asia — US$17.5 billion over four years (2026 to 2029) in India — to “advance the country’s cloud and artificial intelligence (AI) infrastructure, skilling and ongoing operations”.
Underlining the continuing effect of the AI boom on Asia, Thailand has reportedly approved an estimated US$2.7 billion of investments in data centres and cloud services from both local and foreign firms.
The growing appeal of Vietnam as an investment destination for many companies – notably those in the telecoms and IT sectors – has been underlined by announcements from Meta and Ericcson this week.