AITech in Asiaabout 1 hour ago
SoftBank and Grab Invest $1.85 Billion in Malaysia AI
2 min read
SoftBank Group and Grab Holdings announced a combined $1.85 billion investment for AI infrastructure in Malaysia. SoftBank contributes $1 billion while Grab provides $750 million, with PETROS adding $100 million. The Sarawak project receives $1 billion, and Peninsular Malaysia gets $850 million. CEO Masayoshi Son stated the funds will accelerate AI innovation across Southeast Asia.
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