Microsoft Readies $10 Billion AI Investment Plan in Japan

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Microsoft:Microsoft Corp. announced a four-year, $10 billion investment package in Japan, part of the US company’s Asia-wide push to expand in a region hungry for artificial intelligence services. The world’s largest software maker said it will develop cloud and AI infrastructure alongside Sakura Internet Inc. and telecom operator SoftBank Corp., with the two Japanese entities supplying graphics processing units and other computing resources. Sakura Internet’s stock jumped 20% on the news Friday, its biggest intraday gain since September. Shares of SoftBank, the telecom arm of investment group SoftBank Group Corp., rose 0.5%.