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Oracle to invest US$6.5 billion in Malaysia AI, cloud services hub

Bloomberg
Bloomberg • 2 min read
Oracle to invest US$6.5 billion in Malaysia AI, cloud services hub
Oracle is the latest global tech name to invest in Southeast Asian AI infrastructure. Photo: Bloomberg
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Oracle Corp. plans to spend US$6.5 billion building a cloud services centre in Malaysia, becoming the latest global tech name to invest in Southeast Asian artificial intelligence (AI) infrastructure.

The US company will establish a cloud region in the country, essentially a network of data centres 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.

Oracle’s pledge marks the latest major outlay by a major US tech company in Southeast Asia, which is fast becoming a centre for cloud services because of ample land, government support and rapidly growing markets. 

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