Oracle to invest more than US$6.5 billion in AI and cloud computing in Malaysia

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Oracle to invest more than US$6.5 billion in AI and cloud computing in Malaysia
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KUALA LUMPUR: Oracle today announced that it plans to invest more than US$6.5 billion (US$1=RM4.15) to open a public cloud region in Malaysia to mee...

: Oracle today announced that it plans to invest more than US$6.5 billion to open a public cloud region in Malaysia to meet the rapidly growing demand for its artificial intelligence and cloud services here.

“This investment will empower Malaysian entities, especially small and medium-sized enterprises, with innovative and cutting-edge AI and cloud technologies to enhance their global competitiveness. Meanwhile, Oracle executive vice-president and general manager of Japan and Asia Pacific, Garrett Ilg, said Malaysia offers unique growth opportunities for organisations looking to accelerate their expansion with the latest digital technologies.

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