Oracle to Invest $6.5 Billion in Malaysia AI, Cloud Services Hub
- US company will establish a cloud region from the country
- It’s the latest big outlay by a US tech firm in Southeast Asia
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Oracle Corp. plans to spend $6.5 billion building a cloud services center in Malaysia, becoming the latest global tech name to invest in Southeast Asian AI infrastructure.
The US company will establish a cloud region in the country, essentially a network of data centers that provide services to corporate clients. That includes access to Nvidia Corp. chips that can be used to accelerate generative AI development, it said in a statement.