News
RHB sees Malaysia to become the largest data center hub in ASEAN
Malaysia is poised to become the largest data center hub in the region with about 4GW of inventories projected to come on stream over the next four to five years, RHB Research said Wednesday.
Equinix, GIC & CPP Investments to form $15B JV to expand hyperscale data centers in US
Under the terms of the agreement, CPP Investments and GIC will each control a 37.5 percent equity interest in the joint venture, and Equinix will own a 25 percent equity interest. Each party has made equity commitments, and the joint venture also expects to take on debt to raise the total pool of investable capital to more than $15 billion over time.
Viettel Vietnam extends Ericsson partnership through major 5G network award
Vietnamese telecommunications, industrial and technology enterprise Viettel has strengthened its long-term partnership with Ericsson through the award of the majority of its nationwide 5G Radio Access Network (RAN) deployment.
KLDX partners AsiaNext to drive cross border innovation and growth in digital asset markets
KLDX, a regulated digital assets platform in Malaysia for private markets and AsiaNext, a Singapore-based digital asset exchange for institutional investors, have on Monday announced a strategic memorandum of understanding (MOU) to collaborate on cross-border digital asset listings, liquidity sharing, and joint product development.
Oracle to invest $6.5B in AI and cloud computing in Malaysia
American multinational computer technology company Oracle has on Wednesday announced plans to invest more than $6.5 billion to open a public cloud region in Malaysia to meet the rapidly growing demand for artificial intelligence (AI) and cloud services in the country.
Securities Commission Malaysia unveils three initiatives to spur innovation
The Securities Commission Malaysia (SC) will introduce a regulatory sandbox and enhance its regulatory framework to encourage securities tokenization to help spur innovations in the capital market.
Generative AI startup TeamSolve raises seed round, backed by SGInnovate & Burnt Island Ventures
The company is addressing issues faced by utilities companies in markets such as Singapore, where approximately seven in 10 employers in the ‘Energy & Utilities’ sector have reported difficulties finding and hiring skilled talent.
Google breaks ground on $2B Malaysia data center and cloud region
Google has on Tuesday launched its first data center and cloud region in Malaysia. With construction underway in Elmina Business Park, Selangor, the $2 billion investment in its data center and cloud infrastructure will help meet growing demand for Google Cloud capabilities and AI innovations, and other digital products and services in Malaysia.
Malaysia plans National Cloud Policy, AI regulatory framework
Malaysian Prime Minister Anwar Ibrahim said Tuesday that the country plans to create a national cloud policy and artificial intelligence (AI) regulatory framework.
Malaysia’s DNeX partners Google Cloud to deliver next-generation sovereign cloud for Malaysia
Malaysia-based information technology (IT) and eServices firm Dagang NeXchange Berhad (DNeX) and Google Cloud have on Monday announced a multi-year agreement to deliver next-generation sovereign cloud services in Malaysia.
