Microsoft to invest $1.3BN in Mexico

Tech giant Microsoft on Tuesday announced its plan to invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence.

At an event in Mexico City, Chairman and CEO Satya Nadella said, “We’re doubling down on bringing more capacity to Mexico.”

According to the firm, the investment will go towards 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, according to the statement.

Firms such as breadmaker Bimbo and cement producer Cemex are already using Microsoft’s AI tools in Mexico.

Microsoft and communications company Viasat are also working to bring the internet to more than 150,000 Mexicans previously without cellular connectivity by the end of 2025, Microsoft said.

“This is great news for our country,” incoming Economy Minister Marcelo Ebrard said in a post on X after meeting with Nadella, adding that the planned investment will help Mexico quickly boost its AI capabilities.

REUTERS/Chidimma Gold