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Malaysia's national applied research and development (R&D) center for technology solutions MIMOS Berhad has partnered blockchain firm Masverse to develop blockchain infrastructure for Malaysia.

Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.

Databricks, the global data and artificial intelligence (AI) company, has on Wednesday announced the final closing of its Series J funding.

While the recent US Framework for AI Diffusion presents a dent to Malaysia’s booming DC space, Hong Leong Investment Bank Research said Wednesday that Malaysian government supportive policies will provide a competitive advantage in data center (DC) investment.

Databricks, the global data and artificial intelligence (AI) company, is expanding its presence in ASEAN by announcing plans to enter Indonesia.

The focus will be on fostering innovation and collaboration across industries, particularly in cloud computing and AI, to help businesses accelerate their digital transformation.

The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX, who will work in close collaboration with technology partners Arm, Microsoft, NVIDIA, Oracle, and OpenAI, to advance cutting-edge AI capabilities, drive economic growth, and shape a future driven by innovation and opportunity.

Maybank Investment Bank has estimated ASEAN data center growth at 20 percent revenue compound annual growth rate (CAGR) by 2028.

GP Bullhound is a technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 13 offices spanning Europe, US and Asia.

The company has been in discussions with the government over an investment package that would lift the restrictions.