Funding rounds, foreign investment and deals.
Digital Minister Gobind Singh Deo says Google's US$15 billion investment in Malaysia, announced on 4 November, must translate into local AI capabilities and not only data centres. According to Digital News Asia, the money is planned over 2027 and 2028 and builds on Google's earlier US$2 billion commitment.
Prime Minister Anwar Ibrahim said SoftBank chairman Masayoshi Son has chosen Sarawak's Kuching and Peninsular Malaysia for US$50 billion in investments covering AI, new technology and data centres. According to Bloomberg, carried by The Star, Anwar made the remarks in a speech in Melaka after a videoconference with Son, and SoftBank did not immediately respond to a request for comment.
The Malaysian Investment Development Authority (MIDA) used Data Centre Nexus 2026 in Kuala Lumpur on 14 September to argue that the sector must now deliver value for local firms, not only investment. MIDA said Malaysia recorded RM385.7 billion in data centre related investment from 2021 to the first half of 2026.
The Malaysian Investment Development Authority says data centre and cloud-computing projects drew RM95.8 billion, nearly 44% of Malaysia's approved investments in the first half of 2026. According to The Edge, total approvals rose 11.7% year on year to RM218.5 billion as demand for AI computing power kept growing.
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