Urgent.News

What's breaking now, across thousands of outlets.

AI

SoftBank Group to Invest $1 Billion in Malaysia AI Infrastructure Project

SoftBank Group has announced plans to invest $1 billion in a major artificial intelligence infrastructure project in Malaysia, joining Singapore-based technology giant Grab and a local energy company in a $1.85 billion initiative aimed at developing one of Asia's largest AI infrastructure networks. (News On Japan)

SoftBank Group has pledged $1 billion towards an ambitious artificial intelligence infrastructure project in Malaysia, joining forces with Grab and a Malaysian energy company in a $1.85 billion endeavor. The joint initiative aims to create Asia's largest AI infrastructure network, ensuring reliable access to cutting-edge computing resources to meet the escalating demand for AI technology across the region.

Written by urgent.news from News On Japan's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at newsonjapan.com →

More in AI

AI Boom Faces Reality Check

Japan's stock market remains vulnerable to sharp swings as uncertainty surrounding artificial intelligence investment intensifies, with Masamitsu Oki, investment director at Five Star Asset…

More from Tuesday 10 November →