Microsoft on Thursday, September 26, announced its intention to invest 14.7 billion reais ($2.7 billion) in Brazil over three years.
The technology giant plans to use the mentioned funding to enhance its cloud infrastructure and artificial intelligence in the specified country. It is worth noting that Brazil is one of the largest economies in Latin America. This means that the technology giant can potentially benefit significantly from the implementation of the projects in the mentioned country.
The amount announced on Thursday is the largest investment that Microsoft has ever stated as part of financial injections into Brazil. The technology giant claims that the massive adoption of artificial intelligence can increase the economic growth of a given country by as much as 4.2% by the end of the current decade.
Microsoft Chief Executive Officer Satya Nadella said the company is committed to supporting the AI transformation in Brazil and ensuring it benefits everyone.
It is worth noting that against the background of the active development and intensive implementation of artificial intelligence, the issue of cybersecurity is becoming more important. Scammers also have access to machine intelligence technologies, which is why their activities have become more sophisticated. In the context of the corresponding challenge in the cybersecurity area, the personal awareness of users is of particular importance. For example, a query in an Internet search engine, such as how to know if my camera is hacked, will allow anyone to get information about signs of unauthorized access to the device. Digital literacy is one of the tools to counter cybercrime.
