SoftBank weighs a $50 billion AI bet on Malaysia, equal to a tenth of the country’s GDP

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Japanese conglomerate SoftBank is discussing a $50 billion investment in Malaysian AI infrastructure and data centers with the country’s government, according to Prime Minister Anwar Ibrahim. The project would focus on Sarawak and Peninsular Malaysia, with SoftBank providing part of the financing and other partners covering the remainder. The amount would equal roughly a tenth of Malaysia’s GDP and exceed the commitments announced by Microsoft, Google, Oracle and Amazon. The investment would support Malaysia’s strategy to become an AI nation by 2030 and advance further up the semiconductor value chain.

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Telemac
Telemachttp://cryptoinfo.ch
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