Oracle will invest US$6.5bil in AI and cloud computing in Malaysia

Oracle will invest US$6.5bil in AI and cloud computing in Malaysia

Oracle will invest US$6.5bil in AI and cloud computing in MalaysiaOracle said that in order to address the rapidly increasing demand for its artificial intelligence (AI) and cloud services in Malaysia, it intends to invest more than US$6.5 billion (US$1 = RM4.15) to build a public cloud region.

Oracle said in a statement today that mission-critical workloads can be moved to Oracle Cloud Infrastructure (OCI) and that its partners and customers in Malaysia will be able to take use of AI infrastructure and services.

The statement read, “We warmly welcome Oracle’s US$6.5 billion investment in Malaysia, which represents yet another expansion of their 36-year footprint in Malaysia,” from Tengku Datuk Seri Zafrul Abdul Aziz, Minister of Investment, Trade, and Industry.

“This investment will empower Malaysian entities, especially small and medium-sized enterprises, with innovative and cutting-edge AI and cloud technologies to enhance their global competitiveness.

According to Zafrul, the investment is also a big step toward achieving the nation’s ambitious goal of building 3,000 smart factories by 2030 as outlined in the New Industrial Master Plan.

“Oracle’s decision to establish a public cloud region in Malaysia underscores Malaysia’s infrastructure readiness and its growing position as a premier Southeast Asian destination for digital investments,” he added.

Garrett Ilg, executive vice-president and general manager of Oracle’s operations in Japan and Asia Pacific, stated that Malaysia has special growth prospects for companies seeking to use cutting-edge digital technology to quicken their expansion.

“Our multi-billion dollar investment affirms our commitment to Malaysia as a regional gateway for cloud infrastructure as well as a comprehensive suite of SaaS applications deployed within Malaysia,” he said.

The forthcoming Oracle cloud region in Malaysia, according to Franco Chiam, vice-president of IDC’s cloud, data center, and future digital infrastructure, Asia Pacific, indicates the nation’s potential to become a center for technological innovation and growth in Southeast Asia.

According to Oracle, Malaysian organizations will be able to innovate using data, analytics, and artificial intelligence, modernize their applications, and move all kinds of workloads to the cloud thanks to the proposed public cloud area.

It stated that in order to support the preservation of sovereign AI models within national borders, users could have access to accelerated computing, generative AI services, and Oracle’s OCI Generative AI Agents with retrieval-augmented generation (RAG) capabilities.

“Additionally, over 150 services, including Oracle Autonomous Database and Oracle Cloud VMware Solution, will also be available, offering customers infrastructure, platform, or software as a service (SaaS) services,” Oracle added.

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