Google Invests $2 Billion in Malaysia for AI Data Center

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As an analyst with a background in tech and economics, I am thrilled to witness the significant investment of $2 billion (RM9.4 billion) by Google in Malaysia’s digital economy. This commitment will not only create 26,500 job opportunities but also generate an economic impact of over $3.2 billion by 2030.

A $2 billion (RM9.4 billion) investment by Google in Malaysia marks the largest commitment made since 2008 for establishing their initial data center and cloud region. This move is in response to the escalating need for advanced AI and cloud services, aligning with government initiatives and stringent cybersecurity regulations.

I’m thrilled to share the news that MITI successfully attracted another RM9.4 billion investment in digital funding from Google! This investment will create jobs for approximately 26,500 people and generate an economic impact of up to RM15.04 billion. Many thanks to everyone who worked diligently towards this achievement.

— Tengku Zafrul 🇲🇾 (@tzafrul_aziz) May 30, 2024

In simpler terms, the data center will be responsible for housing Google’s digital offerings like Search, Maps, and Workspace. On the other hand, the cloud region will cater to both public and private sector users. Additionally, Google has introduced two educational programs focused on AI literacy for students and educators in Malaysia.

By 2030, these investments are expected to add more than $3.2 billion to Malaysia’s economy and create approximately 26,500 jobs. Google’s Malaysia cloud region will be a part of their global network, comprising 40 regions and 121 zones.

Microsoft’s latest announcement aligns with their recent $2.2 billion commitment to Malaysia for developing cloud and AI technology, reflecting how major tech companies are seizing the growing demand for artificial intelligence and cloud services in Southeast Asia.

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2024-05-30 10:28