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SoftBank Group and Grab Sign Joint Development Agreements to Develop AI Infrastructure in Malaysia

  • SoftBank Group and Grab, together with PETROS, announce plans for US$1.85 billion in initial combined seed capital to build AI infrastructure across Sarawak and Peninsular Malaysia
  • Projects to be developed in partnership with global investors and hyperscalers, with a long-term target of five gigawatts or more of AI compute capacity, and a vision to move up the AI ecosystem over time
  • Initiative supports Malaysia’s AI Nation 2030 ambition and strengthens Malaysia’s position as a regional AI hub
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