Malaysia Says Global Investor Plans $50 Billion AI and Data Center Push

Malaysia’s prime minister says a global investor plans to put US$50 billion into artificial intelligence, new technology and data centers in Sarawak and Peninsular Malaysia. The investor’s identity and the proposal’s terms have not been publicly specified. Anwar Ibrahim said the investor shared the plan in a video conference and had selected Kuching, Sarawak, and locations in Peninsular Malaysia. He described it as one of the region’s largest proposed investments, according to Bernama’s English-language report.