Masayoshi Son plans to invest $50 billion in Malaysia, betting on AI and data centers
SoftBank Group's Masayoshi Son plans to invest $50 billion in Malaysia to build out artificial intelligence, new technologies and data centers. Malaysian Prime Minister Anwar Ibrahim said Son has selected Sarawak, Kuching and the Malay Peninsula as expansion sites, and called it one of the largest investment projects in the region.
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The Prime Minister of Malaysia said that Masayoshi Son of SoftBank Group has selected multiple locations in Malaysia and plans to invest 50 billion US dollars in technology investment; this funding will accelerate the billionaire's layout in the global AI infrastructure field.
In the transcript of a speech at an event in Malacca on Saturday, Prime Minister Anwar Ibrahim mentioned that he held a video conference with Masayoshi Son on Tuesday.
Anwar said: "He stated that Sarawak, Kuching, and the Malay Peninsula have been selected as expansion investment locations. This is one of the largest investment projects in the region, with an investment amount of 50 billion US dollars. What is the investment direction? Artificial intelligence, new technologies, and data centers." news_keyword_pub,usstock,SFTBY iframe below the main text iframe below the main text General statement General statement QR code at the end start QR code at the end start
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