SoftBank to invest $50 billion in Malaysian technology sector
Summarised from 2 outlets · Updated 26 Oct, 05:37 · Archive
SoftBank Group plans to invest $50 billion in Malaysia's technology sector, including artificial intelligence and data centres.
SoftBank Group plans to invest $50 billion in Malaysia's technology sector, Prime Minister Anwar Ibrahim announced following a video conference with SoftBank founder Masayoshi Son. The investments would focus on artificial intelligence, new technologies and data centres, with identified locations in Kuching, Sarawak, and peninsular Malaysia.
The planned investment supports Malaysia's ambition to become an 'AI nation' by 2030, with the government having launched a national AI action plan this year to strengthen the country's capabilities and infrastructure. Earlier this month, SoftBank signed a framework agreement with Singapore-based Grab and Malaysia's Petroleum Sarawak Berhad to explore AI and digital infrastructure development in Sarawak.
SoftBank is not alone in pursuing technology investments in Malaysia. Google announced a $2 billion investment in 2024 to build its first data centre and cloud region in the country, whilst Amazon Web Services said it planned to invest $6.2 billion through 2038. Microsoft also announced a $2.2 billion investment in cloud and AI infrastructure. Malaysia recorded $94 billion in data centre-related investments between 2021 and the first half of 2026, according to the Malaysian Investment Development Authority.
How it is being reported
- SoftBank reportedly plans $50 billion tech investment in aspiring 'AI nation' MalaysiaSoftBank Group reportedly plans to invest $50 billion in Malaysia's technology sector, including artificial intelligence and data centers.CNBC · 26 Oct, 04:56
- SoftBank’s Son plans $50 billion Malaysia tech outlay, PM Anwar Ibrahim saysA push in Malaysia would expand SoftBank's reach in Southeast Asia, a region that is emerging as a key hub for AI infrastructure such as data centers.The Japan Times · 26 Oct, 01:34
In this story: SoftBank Group · Masayoshi Son · Anwar Ibrahim · Malaysia · Sarawak · Google · Amazon Web Services · Microsoft
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