Microsoft will open its first regional data centre in Thailand, the tech giant said on Wednesday, as it looks to boost availability of cloud services. The news comes a day after Chief Executive Satya Nadella announced investments worth $1.7 billion investments in artificial intelligence (AI) and cloud facilities in neighbouring Indonesia. "The datacenter region will expand the availability of Microsoft’s hyperscale cloud services," the company said in a statement.
Microsoft expects its partnership with Brookfield to help finance the creation of renewable electricity projects to be built between 2026 and 2030, beginning in the U.S. and Europe, the Financial Times reported earlier. Brookfield confirmed the FT report, but did not immediately provide further details regarding the deal. The 10.5 gigawatts of new capacity would cost more than $10 billion, the newspaper said, based on recent industry trends.
Canada's Brookfield Asset Management said on Wednesday it will develop new wind and solar farms, with backing from tech giant Microsoft in an attempt to bring 10.5 gigawatts of generating capacity online. Microsoft expects its partnership with Brookfield to help finance the creation of renewable electricity projects to be built between 2026 and 2030, beginning in the U.S. and Europe, the Financial Times reported earlier. Brookfield confirmed the FT report, but did not immediately provide further details regarding the deal.