
The Southeast Asian country of Malaysia is getting another multibillion-dollar investment from U.S. Big Tech, the latest in the region’s drive to capitalize on the AI boom.
On Wednesday, Oracle announced it would invest at least $6.5 billion toward a public cloud region in Malaysia. A cloud region is the real-world location where cloud facilities are located. Oracle said the new facilities would enable its customers in Malaysia to leverage AI services, and help Malaysian organizations modernize their digital applications.