Microsoft is on track to invest $5.5 billion in cloud and artificial intelligence infrastructure in Singapore through 2029, the Wall Street Journal reported on Wednesday.
Microsoft did not immediately respond to a Reuters request for comment.
The Thai government said in a statement on Tuesday that Microsoft plans to invest $1 billion in Thailand over the next two years in cloud services and AI infrastructure.
The investment includes developing digital skills of the Thai workforce, the statement said.
The announcement follows a number of data center investments to support AI, as Southeast Asia's second-largest economy looks to speed up projects involving data centers, electronics, and power generation.
