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Malaysian Prime Minister Anwar announced that SoftBank Group founder and CEO Masayoshi Son plans to invest $50 billion in Malaysia, targeting fields such as artificial intelligence, emerging technologies, and data centers. Anwar said the investment locations are Sarawak, Kuching, and the Malaysian Peninsula region, and that he held an online meeting with Masayoshi Son on the 20th to discuss related matters. According to Bloomberg, Anwar stated that SoftBank Group plans to invest $50 billion in Malaysia, with a focus on artificial intelligence, new technologies, and data centers, and the selected sites include Kuching, Sarawak, and the Malay Peninsula. No further progress on the investment's implementation or execution has been disclosed.
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Oct 26
Cailian Press
SoftBank Plans $50 Billion Investment in Malaysia, Doubling Down on AI and Data Centers
SoftBank Group plans to invest $50 billion in Malaysia, focusing on artificial intelligence, emerging technologies and data centers, with sites including Kuching, the capital of Sarawak state, and the Malay Peninsula region. The Malaysian government is striving to become an "AI nation" by 2030, and Google, Amazon and Microsoft have previously stepped up their data center and cloud infrastructure investments in the country.
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CNBC Technology
SoftBank Reportedly Plans to Invest $50 Billion in Malaysia, Focusing on AI and Data Centers
According to Bloomberg, Malaysian Prime Minister Anwar stated that SoftBank Group plans to invest $50 billion in Malaysia, focusing on artificial intelligence, new technologies, and data centers, with locations including Kuching in Sarawak and the Malay Peninsula. Malaysia is striving to become an AI nation by 2030 and earlier this year launched a national AI action plan. Previously, Google announced a $2 billion investment in 2024 to build the country's first data center and cloud region, AWS plans to invest $6.2 billion by 2038, and Microsoft also announced a $2.2 billion investment in cloud and AI infrastructure.
Oct 25
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SoftBank's Masayoshi Son plans to invest $50 billion in Malaysia, targeting AI and data centers
Malaysian Prime Minister Anwar announced that SoftBank Group founder and CEO Masayoshi Son plans to invest $50 billion in Malaysia, covering areas such as AI, emerging technologies, and data centers. Anwar said the investment locations are Sarawak, Kuching, and the Malaysian Peninsula region, and that he held an online meeting with Son on the 20th to discuss related matters.
Sina Tech
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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