Oracle to invest $6.5 bn in Malaysian cloud services region

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centres in Malaysia, joining a list of US titans rushing to build up their artificial intelligence infrastructure in Southeast Asia.

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(FILES) US multinational computer technology company Oracle's logo is pictured at the Mobile World Congress (MWC), the telecom industry's biggest annual gathering, in Barcelona on February 27, 2024. US tech giant Oracle on October 2, 2024 announced plans to invest more than US$6.5 billion to open a cloud services region in Malaysia. PAU BARRENA / AFP

Mariyath Mohamed

2024-10-02 12:21:28

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centres in Malaysia, joining a list of US titans rushing to build up their artificial intelligence infrastructure in Southeast Asia.

The firm said in a statement the cloud region would help organisations in the country modernise their applications, migrate their workload to the cloud and innovate with data, analytics and AI.

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