Oracle to invest US$6.5 billion to set up cloud facilities in Malaysia
Oracle plans to invest more than US$6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country.
Technology giants including Microsoft, Nvidia , Alphabet unit Google and China’s ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI).
