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Anwar Welcomes Oracle's US$6.5 Billion Investment, Promises AI Innovation For Malaysia
Oracle invested over 6.5 billion US dollars to establish a datacenter to cope with the growing demand for AI applications and cloud services in Malaysia.
USA technology giant Oracle (ORCL.US) announced plans to establish a public cloud computing service datacenter in Malaysia to address the surge in demand for artificial intelligence applications and cloud services in the region, with an investment exceeding 6.5 billion US dollars. It is expected that the datacenter will provide momentum for the development of the public cloud market in Malaysia and assist local businesses in transitioning their businesses to the cloud. Garrett Ilg, General Manager and Executive Vice President of Oracle Japan and Asia Pacific, stated that this investment demonstrates the company's commitment to development in Malaysia, expecting Malaysia to become a regional gateway for cloud infrastructure.
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