Anwar says SoftBank-led AI investment signals global confidence in Malaysia

KUALA LUMPUR, Nov 10 — Prime Minister Datuk Seri Anwar Ibrahim stated that the SoftBank-led consortium's investment in a Malaysian AI platform signifies global trust in Malaysia's potential to develop and utilize AI. This investment also marks a crucial milestone in the nation's digital transformation and aligns with Malaysia's goal to become an AI Nation by 2030, as outlined in the National AI Action Plan 2026-2030.

Anwar expressed his delight at the announcement by the SoftBank-led consortium, which includes Grab Holdings Ltd (Grab) and Petroleum Sarawak Bhd (Petros), of their intent to invest in an AI Infrastructure Platform in Sarawak and Peninsular Malaysia. He affirmed that the willingness of global investors like SoftBank and Masayoshi Son to invest in Malaysia indicates a high level of confidence in the country's capabilities, investment environment, and political stability.

SoftBank CEO Masayoshi Son reportedly earmarked Kuching, Sarawak, and Peninsular Malaysia for a US$50 billion (RM202.86 billion) AI infrastructure investment. Anwar highlighted that the collaboration between SoftBank's capital and expertise, combined with Grab's regional AI capabilities, would significantly bolster Malaysia's AI infrastructure and global competitiveness.

The prime minister emphasized that as Malaysia develops its AI infrastructure, the country anticipates large-scale digital investments to support its sustainability objectives, which must adhere to federal and state regulations, including those concerning renewable energy utilization. Anwar anticipated that this investment would generate skilled employment opportunities for Malaysians, empower more citizens with AI expertise, and provide local businesses with avenues to supply goods and services as Malaysia advances its AI capabilities.

The government pledged to collaborate with state authorities to expedite the highly anticipated project.