Anwar says SoftBank reportedly plans $50 billion of investments in Malaysia
Prime Minister Anwar Ibrahim said SoftBank Group plans to make $50 billion of investments in Malaysia, according to a Bloomberg report. Anwar said the planned investments would focus on artificial intelligence, new technologies and data centers. Malaysia is seeking to become an "AI nation" by 2030.
NoteThe Malaysian Investment Development Authority puts data center-related investment at 385.7 billion ringgit ($94 billion) from 2021 to the first half of 2026.
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