Oracle to invest $6.5bn in AI and cloud computing in Malaysia
The tech giant plans to open a cloud region to help boost the country’s digital economy, where the government wants to enhance its AI capabilities and to create 3,000 smart factories by 2030.
Koichiko
The tech giant plans to open a cloud region to help boost the country’s digital economy, where the government wants to enhance its AI capabilities and to create 3,000 smart factories by 2030.
October 03, 2024
Oracle has announced plans to invest more than $6.5 billion to open a public cloud region in Malsyais, as demand grows for artificial intelligence AI and cloud services. The upcoming cloud region, Oracle’s twelfth in Asia Pacific Apac will enable Oracle customers and partners in Malaysia to leverage AI infrastructure and services and migrate mission-critical workloads to Oracle Cloud Infrastructure OCI.
The planned public cloud region will help Malaysian firms modernise their applications, migrate all workload to the cloud, and innovate with data, analytics, and AI, according to a company media release.
Customers will have access to OCI Generative AI Agents with...
¬ Haymarket Media Limited. All rights reserved.
FinanceAsia has updated its subscription model.
Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.
To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.
To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222
