Giant Tech-Companies Rushing to Install AI Technology Centres & Cloud Storage Stations in Malaysia, Indonesia, Singapore & Thailand

Google announced on 22 May 2024 that it will invest US$2 billion in Malaysia to develop its first data centre and Google Cloud station in the country, marking a significant expansion into Southeast Asia. This investment aims to bolster Malaysia’s digital ambitions by leveraging artificial intelligence (AI) and advanced technologies to elevate local industries within the global value chain.

The new data centre and cloud region will be located in Sime Darby Property’s Elmina Business Park in Selangor. These facilities will power Google services such as Search, Maps, and Workspace while providing AI services and cloud solutions to local businesses and public sector organisations. “Malaysia and Google are partnering to advance our shared work to create a supportive ecosystem for innovation and unlock the potential of digital transformation,” stated Google’s Chief Financial Officer Ruth Porat.

The Malaysian government has expressed that this development aligns with its vision for a digitally advanced nation. Last November, the government and Google initiated a collaboration to accelerate domestic innovation. Southeast Asia, with its tech-savvy population of 670 million, continues to attract significant investments from global technology giants. For instance, Microsoft CEO Satya Nadella recently announced US$2.2 billion in cloud services investments in Malaysia and US$1.7 billion in Indonesia.

Additionally, Malaysian conglomerate YTL’s utilities unit has partnered with Nvidia to develop AI infrastructure with a US$4.3 billion investment. Amazon has also revealed substantial investment plans in the region, including US$9 billion in Singapore, US$5 billion in Thailand, and US$6 billion in Malaysia.

This influx of investment from leading tech firms underscores Southeast Asia’s growing importance as a hub for technological innovation and digital transformation.

- Video Advertisement -

Related Post

Honda to Expand Capital Investment in Cambodia after 25 Years of Success

Honda Motor Co., Ltd., through its local partner N.C.X. Co., Ltd, has announced plans to expand its investment in Cambodia, marking over 25 years of successful operations in the country. The decision followed a high-level meeting on 20 September 2024 between Prime Minister Samdech Hun Manet and Mr Minoru Kato, Executive Director and Vice President […]

Cambodian PM Pushes Forward with Major Development of Four Northeastern Provinces Despite CLV-DTA Withdrawal

Cambodia’s Prime Minister, Samdech Thipadei Hun Manet, has reaffirmed the government’s commitment to advancing the development of four northeastern provinces, despite the nation’s recent exit from the Cambodia-Laos-Vietnam Development Triangle Cooperation (CLV-DTA). The premier made the announcement via a special voice message on 23 September 2024, underscoring that the Royal Government will proceed with essential […]

Minebea Breaks Ground on USD200 Million Factory in Pursat SEZ

Japanese electronics giant Minebea officially commenced construction of its USD200 million factory on a 50-hectare site within the Krakor Special Economic Zone, Pursat province on 20 September 2024 by His Excellency Deputy Prime Minister Sun Chanthol, First Vice President of the Council for the Development of Cambodia, along with His Excellency Keo Rattanak, Minister of […]

Final 35 km Section of NR No. 5, Valued at Over USD 52 Million, Reaches 25% Completion

The final section of Cambodia’s NR No. 5, spanning 35.14 km between Serey Sophorn and Poipet, has reached 25% completion as of early September 2024, according to Ministry of Public Works and Transport, 18 September 2024. With a project cost of USD 52.56 million, funded by the Government of Cambodia and Japan’s Credit Assistance, the […]

Hong Kong International Airport Surpasses Changi to Become Asia’s Leading Hub in 2024

Hong Kong International Airport has overtaken Singapore’s Changi Airport to claim the prestigious title of “Asia’s Leading Airport” at the 2024 World Tourism Awards, according to Seasia, 9 September 2024. This marks a significant milestone, as Changi Airport had held this top position for several consecutive years before the pandemic. The win highlights Hong Kong’s […]

Japan Eyes Major Investment in Battambang, With Advanced Technology Capable of Converting 1 Tone of Waste to 700 Liter of Oil

Sougo Tatemono Service Inc. from Japan has expressed a strong interest in transforming Battambang province’s plastic waste into fuel oil, showcasing a breakthrough technology capable of converting 1 ton of pure plastic into 600 to 700 litres of oil. The company’s representatives introduced this technology in a meeting with Battambang’s Governor, HE Sok Loo, and […]