KUALA LUMPUR – SoftBank, Grab, and Petroleum Sarawak Bhd (Petros) have inked cooperative development agreements to construct AI computing infrastructure in Sarawak and Peninsular Malaysia, with an initial investment of USD 1.85 billion (RM7.5 billion). The alliance intends to construct at least 5GW of computing capacity over time, with expenditures phased in based on project milestones and regulatory approvals. The program is designed to boost Malaysia’s position as a regional hub for AI and digital infrastructure, as well as promote growth in the energy, construction, and advanced technology sectors. As new facilities come online, demand for electricity infrastructure, industrial maintenance, and environmental management services may increase.
For more information, click here to read more.
(Source: The Sun)