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Malaysia's digital economy is poised to reach $31 billion in gross merchandise value (GMV) in 2024, an increase of 16% from 2023 according to the latest e-Conomy SEA 2024 report by Google, Temasek, and Bain & Company.

Google, Temasek, and Bain & Company have projected that the digital economy in Southeast Asia (SEA) will reach $263 billion in gross merchandise value (GMV) in 2024, a 15 percent increase over last year.

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.

Google has on Monday announced a $1 billion investment to expand its digital infrastructure into Thailand with the development of its cloud and data center infrastructure in Bangkok and Chonburi.

#AI allows humans to conduct research and achieve innovation in a more efficient, more cost-effective, and more systematic way. However, looking back at the history of human inventions, some of the most representative inventions stem not only from systematic research but also from human curiosity, keen observation, and serendipity.

US tech giants including Microsoft Corp, Google and Nvidia Corp had already announced plans to build data centers in Malaysia in the past year, and Chinese firms are interested in developing more to serve the nation’s tech companies which want to enter the Southeast Asian market

Google has on Monday announced the completion of its latest data center and cloud region campus expansion in Singapore. This milestone brings the company’s total investments in technical infrastructure in the country to $5 billion, up from $850 million in 2018.

Google announced Thursday that it has committed an investment of $2 billion in Malaysia, including the development of its first Google data center and Google Cloud region to meet the growing demand for cloud services locally and around the world, and artificial intelligence (Al) literacy programs for Malaysian students and educators.

I believe that the industry as whole, should have a sense of optimism regarding the potential of what AI can bring to the table in terms of driving better marketing performance. There is value to be realized in automation and operational efficiencies to be gained. But, whether it’s #PMax or any other #AI-led solutions, marketers must push for algorithmic…

From AI startups like #OpenAI to the top three public clouds of Microsoft, Google, and Amazon, and new cloud service challengers like CoreWeave and Lambda, to large technology companies with #AI demands such as #Meta and Tesla, are all managing to take more #GPU computing power.