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

According to the company, the money will be used to enhance connectivity and encourage small and medium-sized businesses (SMBs) to use AI technology.

In three years, the effort hopes to reach 30,000 SMBs and 5 million Mexicans, the company said.

Microsoft's AI tools are already being used by Mexican companies including Cemex, a cement company, and Bimbo, a bread maker.

By the end of 2025, Microsoft and communications provider Viasat want to link more than 150,000 Mexicans who did not previously have cellular service to the internet.

In three years, the effort hopes to reach 30,000 SMBs and 5 million Mexicans, according to the announcement.

Microsoft's AI tools are already being used by Mexican companies including Cemex, a cement company, and Bimbo, a bread maker.

Microsoft is dedicated to more than only the corporate and educational sectors. The company is tackling important social issues in Mexico with its AI for Good initiative. AI-powered smartphone diagnostic models for retinopathy of prematurity (RoP), partnerships with Viasat to increase internet access in impoverished areas, and programs focused on sustainability and ecosystem restoration are just a few of the projects underway.

Microsoft continues to place a high priority on sustainability, with goals to become carbon negative, water positive, and trash free by 2030. With the goal of eliminating a sizable amount of CO2 from the environment, the company is investing in renewable energy projects and ecosystem restoration initiatives in Mexico, including a biochar project in Guanajuato and a forest restoration project in Campeche.

Furthermore, Microsoft is introducing The Bridge Accelerator program, which will use the PyMAIs AI platform to link 30,000 SMBs into North American industry value chains. The goals of this program are to modernize corporate procedures, boost a company's competitiveness in the market, and get it ready to join international supply networks.