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Fortune
Fortune
Lionel Lim

Malaysia bags another data center deal from U.S. Big Tech with $6.5 billion pledge from Oracle

(Credit: David Paul Morris—Bloomberg/Getty Images)

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.

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