Oracle's $6.5 Billion Investment in AI and Cloud Infrastructure Boosts Malaysia's Digital Economy

Oracle to Invest Over USD 6.5 Billion in AI and Cloud Computing in Malaysia

Oracle has announced plans to invest more than USD 6.5 billion to open a new public cloud region in Malaysia, aiming to boost the country's digital economy and drive innovation in artificial intelligence (AI). The upcoming facility will offer over 150 infrastructure and Software as a Service (SaaS) solutions, enabling local organisations to modernise applications and migrate critical workloads to Oracle Cloud Infrastructure (OCI). Also Read: OpenAI Raises USD 6.6 Billion to Accelerate AI Research and Expansion The new cloud region is expected to provide access to AI services, including OCI Generative AI Agents with retrieval-augmented generation (RAG) capabilities and the OCI Supercluster, which features up to 131,072 Nvidia Blackwell GPUs for high-performance computing. This initiative aligns with the projected 27.2 percent CAGR growth of Malaysia's public cloud services market from 2022 to 2027, the official release said. "Malaysia offers unique growth opportunities for organisations looking to accelerate their expansion with the latest digital technologies," said Garrett Ilg, executive vice president and general manager, Japan and Asia Pacific, Oracle. "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." Minister of Investment, Trade and Industry YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz welcomed Oracle's investment, highlighting its potential to empower small and medium-sized enterprises and contribute to Malaysia's vision of establishing 3,000 smart factories by 2030. "Oracle is the only hyperscaler capable of delivering AI and a full suite of 150+ cloud services across public, dedicated, and hybrid cloud environments, anywhere in the world," Oracle said. Also Read: Infosys and Its Recent Advances in AI Partnerships The planned cloud region will enhance data sovereignty by allowing organisations to comply with local regulations while harnessing advanced cloud technologies. Additionally, several Nvidia AI infrastructure services, including Nvidia AI Enterprise, Nvidia Omniverse, and Nvidia DGX Cloud, will be available to support end-to-end AI development. "Nvidia underpins the world's largest AI models for training and inferencing, and Oracle's continued expansion in Malaysia will help organisations across the country harness the power of AI," said Dennis Ang, senior director, enterprise business (ASEAN and ANZ region), Nvidia. "With the new Oracle Cloud Malaysia Region, customers in Malaysia will gain local access to Nvidia's accelerated, secure, and scalable platform for end-to-end AI development and deployment on OCI, helping accelerate the development of generative AI applications."

Oracle to Invest $6.5 Billion in AI and Cloud Infrastructure in Malaysia

Oracle Corp. plans to invest more than $6.5 billion dollars to establish a public cloud region in Malaysia, aiming to meet the country's growing demand for artificial intelligence and cloud services. The investment will allow Malaysian businesses to leverage AI infrastructure and services, and migrate mission-critical workloads to Oracle cloud infrastructure, the company said in a statement Wednesday. Malaysia's Minister of Investment, Trade and Industry, Tengku Zafrul Aziz, welcomed the move, which supports the government's plan to create 3,000 smart factories by 2030. Oracle's multi-billion-dollar commitment underscores Malaysia's potential as a premier Southeast Asian destination for digital investments, the minister said. Tech giants such as Microsoft Corp., Google and ByteDance have unveiled several large-scale investments in Southeast Asia in recent months, much of it part of efforts to develop infrastructure to meet the growing computational needs of AI systems. The Malaysia initiative would bring Oracle's footprint in Asia-Pacific to 12 public cloud regions, and comes as the Southeast Asian country looks to position itself as an AI hub. Prime Minister Anwar Ibrahim on Tuesday announced a plan to establish regulations to boost adoption of the technology and draw in investments to build up its digital infrastructure. The country is setting up a national office to coordinate all AI-related initiatives and drive adoption across key sectors, he said at a groundbreaking ceremony with Google for a $2 billion data center and cloud region initiative. Southeast Asian countries including Singapore and Malaysia have been attracting billions of dollars of investment for data centers, cloud computing and AI. In May, Amazon.com said it will spend $9 billion to expand its cloud services in Singapore. In April, Microsoft said it would pump $1.7 billion into new cloud and AI infrastructure in Indonesia. According to a report published by Arizton Advisory and Intelligence, Malaysia is poised to witness significant growth in data center investments over the next few years, driven by an influx of operators like AirTrunk, Equinix, and Princeton Digital Group. Key hubs like Cyberjaya, Kuala Lumpur, and Johor Bahru are expected to see heightened activity, hosting most of the country's data centers.

Oracle to invest $6.5 bn in Malaysian cloud services region

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 billion on cloud services data centers in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia. The firm said the cloud region would help organizations in the country modernize their applications, migrate their workload to the cloud and innovate with data, analytics and artificial intelligence. Oracle is working to expand its cloud infrastructure business globally. The company recently projected it will surpass $100 billion in revenue in fiscal 2029, driven by increasing demand for cloud services. Malaysia's new cloud region will be the firm's third in Southeast Asia, following two facilities in neighboring Singapore. "Malaysia offers unique growth opportunities for organizations looking to accelerate their expansion with the latest digital technologies," Garrett Ilg, Oracle's executive vice president for Japan and Asia Pacific, said in a statement. "Our multi-billion dollar investment affirms our commitment to Malaysia as a regional gateway for cloud infrastructure as well as a comprehensive suite of software as a service applications deployed within Malaysia." The statement also quoted Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz as welcoming the investment, saying it would help firms with innovative and cutting-edge AI and cloud technologies to boost their global competitiveness. "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. Oracle is the latest global tech giant to announce major digital investments in Southeast Asia. Google-parent Alphabet said in May it would invest $2 billion to house the firm's first data center in Malaysia. Google on Monday said it plans to invest $1 billion to build digital infrastructure in Thailand, including a new data center. Amazon and Microsoft have also announced investments worth billions of dollars in the region as demand for AI hots up. Malaysian Prime Minister Anwar Ibrahim on Tuesday announced that the country plans to develop a National Cloud Policy. Anwar said it would focus on four core areas including boosting public service innovation and efficiency as well as strengthening user trust and data security. The government would also set up a National Artificial Intelligence Office to coordinate all initiatives related to AI technology. This, Anwar added, was in line with efforts to position the nation as a competitive player in the global AI landscape.

Oracle to invest USD6.5B in Malaysian cloud services region

KUALA LUMPUR (AFP) - Tech giant Oracle on Wednesday said it plans to invest more than USD6.5 billion on cloud services data centres in Malaysia, joining a list of US titans rushing to build up their AI infrastructure in Southeast Asia. The firm said the cloud region would help organisations in the country modernise their applications, migrate their workload to the cloud and innovate with data, analytics and artificial intelligence. Oracle is working to expand its cloud infrastructure business globally. The company recently projected it will surpass USD100 billion in revenue in fiscal 2029, driven by increasing demand for cloud services. Malaysia's new cloud region will be the firm's third in Southeast Asia, following two facilities in neighbouring Singapore. "Malaysia offers unique growth opportunities for organisations looking to accelerate their expansion with the latest digital technologies," Garrett Ilg, Oracle's executive vice president for Japan and Asia Pacific, said in a statement. "Our multi-billion dollar investment affirms our commitment to Malaysia as a regional gateway for cloud infrastructure as well as a comprehensive suite of software as a service applications deployed within Malaysia." The statement also quoted Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Abdul Aziz as welcoming the investment, saying it would help firms with innovative and cutting-edge AI and cloud technologies to boost their global competitiveness. "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. Oracle is the latest global tech giant to announce major digital investments in Southeast Asia. Google-parent Alphabet said in May it would invest $2 billion to house the firm's first data centre in Malaysia. Google on Monday said it plans to invest $1 billion to build digital infrastructure in Thailand, including a new data centre. Amazon and Microsoft have also announced investments worth billions of dollars in the region as demand for AI hots up. Malaysian Prime Minister Anwar Ibrahim on Tuesday announced that the country plans to develop a National Cloud Policy. Anwar said it would focus on four core areas including boosting public service innovation and efficiency as well as strengthening user trust and data security. The government would also set up a National Artificial Intelligence Office to coordinate all initiatives related to AI technology. This, Anwar added, was in line with efforts to position the nation as a competitive player in the global AI landscape.

Oracle to invest $6.5 billion to set up cloud facilities in Malaysia

Oracle plans to invest over $6.5 billion in establishing its first public cloud region in Malaysia, enhancing the country's cloud infrastructure. This marks one of the largest tech investments in Malaysia, aimed at supporting various sectors including government and finance. This new facility will be Oracle's third in Southeast Asia.Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country. Technology giants including Microsoft, Nvidia, Alphabet unit Google and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI). A cloud region is the physical, geographic location where a company's public cloud facilities are located. Oracle's venture is set to be one of the largest single tech investments so far, outpacing the $6.2 billion planned spending by Amazon's cloud unit AWS announced last year. The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the U.S. firm said in a statement. It would also allow the firm's Malaysian customers which include government agencies, financial institutions, and airline and hospitality companies, to use cloud services based in the country, rather than those based externally, said Oracle's Executive Vice President for Japan and Asia Pacific Garret Ilg. "Those customers look to Oracle to support their innovation... to move into standardised processes to be faster, to be more controlled and be more cost-effective," Ilg told in an interview. The cloud region in Malaysia would be Oracle's third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website. Oracle last month raised its fiscal 2026 revenue forecast and said it expects to cross $100 billion in revenue in fiscal 2029, indicating rising demand for its cloud services. The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned "from Japan all the way down to New Zealand... all the way to India," Ilg said. Chris Chelliah, Oracle's senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia. In the past year, Microsoft has announced cloud services investments worth $1.7 billion in Indonesia, while Amazon has announced plans to invest $9 billion in Singapore and $5 billion in Thailand. Google on Tuesday broke ground on a $2 billion data centre in Malaysia, part of investments that it said would contribute more than $3 billion to the country's economy by 2030.

Oracle to Invest $6.5 Billion to Set up Cloud Facilities in Malaysia

KUALA LUMPUR - Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country. Technology giants including Microsoft, Nvidia, Alphabet unit Google and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI). A cloud region is the physical, geographic location where a company's public cloud facilities are located. Oracle's venture is set to be one of the largest single tech investments so far, outpacing the $6.2 billion planned spending by Amazon's cloud unit AWS announced last year. The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the U.S. firm said in a statement. It would also allow the firm's Malaysian customers which include government agencies, financial institutions, and airline and hospitality companies, to use cloud services based in the country, rather than those based externally, said Oracle's Executive Vice President for Japan and Asia Pacific Garret Ilg. "Those customers look to Oracle to support their innovation... to move into standardised processes to be faster, to be more controlled and be more cost-effective," Ilg told Reuters in an interview. The cloud region in Malaysia would be Oracle's third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website. Oracle last month raised its fiscal 2026 revenue forecast and said it expects to cross $100 billion in revenue in fiscal 2029, indicating rising demand for its cloud services. The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned "from Japan all the way down to New Zealand... all the way to India," Ilg said. Chris Chelliah, Oracle's senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia. In the past year, Microsoft has announced cloud services investments worth $1.7 billion in Indonesia, while Amazon has announced plans to invest $9 billion in Singapore and $5 billion in Thailand. Google on Tuesday broke ground on a $2 billion data centre in Malaysia, part of investments that it said would contribute more than $3 billion to the country's economy by 2030. (Reporting by Danial Azhar; Editing by Rozanna Latiff and Miral Fahmy)

Oracle to Invest More Than US$6.5 Billion in AI and Cloud Computing in Malaysia

Oracle plans to open a cloud region in Malaysia, including 150+ infrastructure and SaaS services, to help boost the country's digital economy and drive AI-fueled innovation Organizations across Malaysia can accelerate AI innovation with Oracle Cloud Infrastructure's high performance and built-in security, powerful data, and distributed cloud capabilities The planned public cloud region will help organizations in Malaysia modernize their applications, migrate all types of workloads to the cloud, and innovate with data, analytics, and AI. Customers can have access to OCI Generative AI Agents with retrieval-augmented generation (RAG) capabilities; accelerated computing and generative AI services to help keep sovereign AI models within country borders; and OCI Supercluster, the largest AI supercomputer in the cloud -- orderable with up to 131,072 NVIDIA Blackwell GPUs with NVIDIA ConnectX-7 NICs for RoCEv2 networking or NVIDIA GB200 NVL72 rack solutions using liquid cooling and NVIDIA Quantum-2 InfiniBand networking. In addition, 150+ services, including Oracle Autonomous Database, HeatWave MySQL Database Service, Oracle Cloud VMware Solution, OCI Kubernetes Engine, and Oracle Fusion Cloud Applications Suite will also be available, offering customers infrastructure, platform, or SaaS services. "We warmly welcome Oracle's US$6.5 billion investment in Malaysia, which represents yet another expansion of their 36-year footprint in Malaysia," said YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, minister of investment, trade and industry (MITI), Malaysia. "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. It is also a significant step towards realising the country's New Industrial Master Plan's ambitious vision of creating 3,000 smart factories by 2030. 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." "Malaysia offers unique growth opportunities for organizations looking to accelerate their expansion with the latest digital technologies," said Garrett Ilg, executive vice president and general manager, Japan & Asia Pacific, Oracle. "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." "Rapidly growing demand for AI services prompts calls for more data centers that store large amounts of data and computational power to train and deploy AI models," said Franco Chiam, vice president, cloud, data center and future digital infrastructure, Asia Pacific, IDC. "According to IDC FutureScape 'The Infrastructure and Cloud Impact 2024 Predictions', Malaysia's public cloud services market is expected to grow by 27.2 percent CAGR from 2022 to 2027. The upcoming Oracle cloud region in Malaysia, therefore, signals the country's potential to become a hub for technological innovation and growth in Southeast Asia." OCI Provides Customers with the Latest AI Infrastructure Offerings and a Resilient and Scalable Cloud Foundation Running Within Malaysia's Borders Oracle is the only hyperscaler capable of delivering AI and a full suite of 150+ cloud services across public, dedicated, and hybrid cloud environments, anywhere in the world. OCI's unique cloud architecture enables Oracle to launch more public cloud regions faster by starting with an optimal footprint and scaling as needed, and deploy dedicated cloud regions with hyperscale cloud services inside customer data centers. This approach helps meet the needs of all countries and markets without compromising cloud capabilities, while also providing the consistent performance, SLAs, and global pricing for which OCI has become known. With the planned public cloud region in Malaysia, customers and partners can gain low-latency access to cloud services to help them derive better value from their data and securely store data and run applications to help address regulations and requirements for data residency within Malaysia. In addition, OCI's sovereign AI capabilities provide customers with increased control over where they locate their data and computing infrastructure and how they manage it. As a result, customers can achieve AI sovereignty by gaining the assurance that their use of AI is aligned with digital sovereignty frameworks. Customers in Malaysia Welcome the Upcoming Public Cloud Region Several NVIDIA AI infrastructure services will be available to customers, including NVIDIA AI Enterprise, NVIDIA Omniverse, and NVIDIA DGX Cloud. "NVIDIA underpins the world's largest AI models for training and inferencing, and Oracle's continued expansion in Malaysia will help organizations across the country harness the power of AI," said Dennis Ang, senior director, enterprise business (ASEAN and ANZ region), NVIDIA. "With the new Oracle Cloud Malaysia Region, customers in Malaysia will gain local access to NVIDIA's accelerated, secure, and scalable platform for end-to-end AI development and deployment on OCI, helping accelerate the development of generative AI applications." About Oracle Distributed Cloud Oracle's distributed cloud delivers the benefits of cloud with greater control and flexibility. Oracle's distributed cloud lineup includes: Additional Resources About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com. Future Product Disclaimer The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation. Trademarks Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company -- ushering in the new era of cloud computing. View original content to download multimedia:https://www.prnewswire.com/news-releases/oracle-to-invest-more-than-us6-5-billion-in-ai-and-cloud-computing-in-malaysia-302264704.html

Oracle to Invest $6.5 Billion in Malaysia AI, Cloud Services Hub

Oracle Corp. plans to spend $6.5 billion building a cloud services center in Malaysia, becoming the latest global tech name to invest in Southeast Asian AI infrastructure. The US company will establish a cloud region in the country, essentially a network of data centers that provide services to corporate clients. That includes access to Nvidia Corp. chips that can be used to accelerate generative AI development, it said in a statement.

Oracle to invest $6.5 billion to set up cloud facilities in Malaysia

KUALA LUMPUR, Oct 2 - Oracle (ORCL.N), opens new tab plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country. Technology giants including Microsoft (MSFT.O), opens new tab, Nvidia (NVDA.O), opens new tab, Alphabet unit Google (GOOGL.O), opens new tab and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI). Advertisement · Scroll to continue A cloud region is the physical, geographic location where a company's public cloud facilities are located. Oracle's venture is set to be one of the largest single tech investments so far, outpacing the $6.2 billion planned spending by Amazon's (AMZN.O), opens new tab cloud unit AWS announced last year. The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the U.S. firm said in a statement. Advertisement · Scroll to continue It would also allow the firm's Malaysian customers which include government agencies, financial institutions, and airline and hospitality companies, to use cloud services based in the country, rather than those based externally, said Oracle's Executive Vice President for Japan and Asia Pacific Garret Ilg. "Those customers look to Oracle to support their innovation... to move into standardised processes to be faster, to be more controlled and be more cost-effective," Ilg told Reuters in an interview. The cloud region in Malaysia would be Oracle's third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website. Oracle last month raised its fiscal 2026 revenue forecast and said it expects to cross $100 billion in revenue in fiscal 2029, indicating rising demand for its cloud services. The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned "from Japan all the way down to New Zealand... all the way to India," Ilg said. Chris Chelliah, Oracle's senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia. In the past year, Microsoft has announced cloud services investments worth $1.7 billion in Indonesia, while Amazon has announced plans to invest $9 billion in Singapore and $5 billion in Thailand. Google on Tuesday broke ground on a $2 billion data centre in Malaysia, part of investments that it said would contribute more than $3 billion to the country's economy by 2030. Reporting by Danial Azhar; Editing by Rozanna Latiff and Miral Fahmy Our Standards: The Thomson Reuters Trust Principles., opens new tab

Oracle to invest $6.5 billion to set up cloud facilities in Malaysia

(Corrects name of Oracle's executive vice president for Japan and Asia Pacific to Garrett, not Garret, in paragraph 5) KUALA LUMPUR (Reuters) -Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country. Technology giants including Microsoft, Nvidia, Alphabet unit Google and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence (AI). A cloud region is the physical, geographic location where a company's public cloud facilities are located. Oracle's venture is set to be one of the largest single tech investments so far, outpacing the $6.2 billion planned spending by Amazon's cloud unit AWS announced last year. The planned public cloud region will help organisations in Malaysia modernise their applications, migrate their workload to the cloud, and innovate with data, analytics and AI, the U.S. firm said in a statement. It would also allow the firm's Malaysian customers which include government agencies, financial institutions, and airline and hospitality companies, to use cloud services based in the country, rather than those based externally, said Oracle's Executive Vice President for Japan and Asia Pacific Garrett Ilg. "Those customers look to Oracle to support their innovation ... to move into standardised processes to be faster, to be more controlled and be more cost-effective," Ilg told Reuters in an interview. The cloud region in Malaysia would be Oracle's third in Southeast Asia, after its two existing facilities in Singapore. It currently has 50 public cloud regions across 24 countries, according to its website. Oracle last month raised its fiscal 2026 revenue forecast and said it expects to cross $100 billion in revenue in fiscal 2029, indicating rising demand for its cloud services. The company also wants to continue its expansion across Asia, with more data centres and infrastructure projects planned "from Japan all the way down to New Zealand... all the way to India," Ilg said. Chris Chelliah, Oracle's senior vice president for technology and customer strategy in Japan and Asia Pacific, said Malaysia provided further growth potential and market opportunities for the company as part of a broader AI and data centre development push in Southeast Asia. In the past year, Microsoft has announced cloud services investments worth $1.7 billion in Indonesia, while Amazon has announced plans to invest $9 billion in Singapore and $5 billion in Thailand. Google on Tuesday broke ground on a $2 billion data centre in Malaysia, part of investments that it said would contribute more than $3 billion to the country's economy by 2030. (Reporting by Danial Azhar; Editing by Rozanna Latiff and Miral Fahmy)

Oracle to Invest More Than US$6.5 Billion in AI and Cloud Computing in Malaysia By Investing.com

Oracle plans to open a cloud region in , including 150+ infrastructure and SaaS services, to help boost the country's digital economy and drive AI-fueled innovation Organizations across can accelerate AI innovation with Oracle Cloud Infrastructure's high performance and built-in security, powerful data, and distributed cloud capabilities Upcoming cloud region to extend OCI's footprint in to 12 public cloud regions and , Oct. 1, 2024 /PRNewswire/ -- To meet the rapidly growing demand for its artificial intelligence (AI) and cloud services in , Oracle today announced plans to invest more than to open a public cloud region in the country. The upcoming cloud region will enable Oracle customers and partners in to leverage AI infrastructure and services and migrate mission-critical workloads to Oracle Cloud Infrastructure (OCI). The planned public cloud region will help organizations in modernize their applications, migrate all types of workloads to the cloud, and innovate with data, analytics, and AI. Customers can have access to OCI Generative AI Agents with retrieval-augmented generation (RAG) capabilities; accelerated computing and generative AI services to help keep sovereign AI models within country borders; and OCI Supercluster, the largest AI supercomputer in the cloud"orderable with up to 131,072 NVIDIA (NASDAQ:NVDA) Blackwell GPUs with NVIDIA ConnectX-7 NICs for RoCEv2 networking or NVIDIA GB200 NVL72 rack solutions using liquid cooling and NVIDIA Quantum-2 InfiniBand networking. In addition, 150+ services, including Oracle Autonomous Database, HeatWave MySQL Database Service, Oracle Cloud VMware (NYSE:VMW) Solution, OCI Kubernetes Engine, and Oracle Fusion Cloud Applications Suite will also be available, offering customers infrastructure, platform, or SaaS services. "We warmly welcome Oracle's investment in , which represents yet another expansion of their 36-year footprint in ," said YB Senator Tengku Datuk Seri , minister of investment, trade and industry (MITI), . "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. It is also a significant step towards realising the country's New Industrial Master Plan's ambitious vision of creating 3,000 smart factories by 2030. Oracle's decision to establish a public cloud region in underscores infrastructure readiness, and its growing position as a premier Southeast Asian destination for digital investments." " offers unique growth opportunities for organizations looking to accelerate their expansion with the latest digital technologies," said , executive vice president and general manager, & , Oracle. "Our multi-billion dollar investment affirms our commitment to as a regional gateway for cloud infrastructure as well as a comprehensive suite of SaaS applications deployed within ." "Rapidly growing demand for AI services prompts calls for more data centers that store large amounts of data and computational power to train and deploy AI models," said , vice president, cloud, data center and future digital infrastructure, , IDC. "According to IDC FutureScape 'The Infrastructure and Cloud Impact 2024 Predictions', public cloud services market is expected to grow by 27.2 percent CAGR from 2022 to 2027. The upcoming Oracle cloud region in , therefore, signals the country's potential to become a hub for technological innovation and growth in ." OCI Provides Customers with the Latest AI Infrastructure Offerings and a Resilient and Scalable Cloud Foundation Running Within Malaysia's Borders Oracle is the only hyperscaler capable of delivering AI and a full suite of 150+ cloud services across public, dedicated, and hybrid cloud environments, anywhere in the world. OCI's unique cloud architecture enables Oracle to launch more public cloud regions faster by starting with an optimal footprint and scaling as needed, and deploy dedicated cloud regions with hyperscale cloud services inside customer data centers. This approach helps meet the needs of all countries and markets without compromising cloud capabilities, while also providing the consistent performance, SLAs, and global pricing for which OCI has become known. With the planned public cloud region in , customers and partners can gain low-latency access to cloud services to help them derive better value from their data and securely store data and run applications to help address regulations and requirements for data residency within . In addition, OCI's sovereign AI capabilities provide customers with increased control over where they locate their data and computing infrastructure and how they manage it. As a result, customers can achieve AI sovereignty by gaining the assurance that their use of AI is aligned with digital sovereignty frameworks. Customers in Welcome the Several NVIDIA AI infrastructure services will be available to customers, including NVIDIA AI Enterprise, NVIDIA Omniverse, and NVIDIA DGX Cloud. "NVIDIA underpins the world's largest AI models for training and inferencing, and Oracle's continued expansion in will help organizations across the country harness the power of AI," said , senior director, enterprise business (ASEAN and ANZ region), NVIDIA. "With the new , customers in will gain local access to NVIDIA's accelerated, secure, and scalable platform for end-to-end AI development and deployment on OCI, helping accelerate the development of generative AI applications." About Oracle Distributed Cloud Oracle's distributed cloud delivers the benefits of cloud with greater control and flexibility. Oracle's distributed cloud lineup includes: Additional Resources About Oracle Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com. Future Product Disclaimer The preceding is intended to outline our general product direction. It is intended for information purposes only, and may not be incorporated into any contract. It is not a commitment to deliver any material, code, or functionality, and should not be relied upon in making purchasing decisions. The development, release, timing, and pricing of any features or functionality described for Oracle's products may change and remains at the sole discretion of Oracle Corporation (NYSE:ORCL).

Oracle to invest $6.5 billion to set up cloud facilities in Malaysia

Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday, the latest major investment by a global tech firm into the Southeast Asian country. Technology giants including Microsoft, Nvidia, Alphabet unit Google and China's ByteDance have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centers, powering an infrastructure boom driven by growing demand for artificial intelligence. A cloud region is the physical, geographic location where a company's public cloud facilities are located.

Oracle Bets Big: Plans Over $6.5B Cloud Expansion In Malaysia To Fuel AI Innovation - Oracle (NYSE:ORCL)

Oracle aims to support Malaysia's AI growth, aligning with the country's goal of 3,000 smart factories by 2030. Oracle Corporation ORCL shares are trading lower premarket on Wednesday. The company disclosed plans to invest over $6.5 billion to open a public cloud region in Malaysia. The company aims to meet the country's growing demand for AI and cloud services. This new cloud region will allow Oracle's customers and partners in Malaysia to access AI infrastructure, services, and migrate critical workloads to Oracle Cloud Infrastructure (OCI). Oracle plans to open a cloud region in Malaysia, offering over 150 infrastructure and SaaS services to boost the country's digital economy and drive AI innovation. This new cloud region will expand OCI's presence in the Asia Pacific to 12 public cloud regions. YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, minister of investment, trade and industry (MITI), Malaysia said, "It is also a significant step towards realising the country's New Industrial Master Plan's ambitious vision of creating 3,000 smart factories by 2030." Garrett Ilg, executive vice president and general manager, Japan & Asia Pacific, Oracle added, "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." Read: Oracle CloudWorld Highlights 'AI-Driven Tech Services,' But Revenue Growth Requires Patience: Analyst Notably, IDC FutureScape's 'The Infrastructure and Cloud Impact 2024 Predictions' forecasts Malaysia's public cloud services market to grow at a 27.2% CAGR from 2022 to 2027. Last month, the company announced several new partnerships with various companies, including contracts with Guardian Life, Anduril, and RAFAEL enhancing Oracle's cloud and AI capabilities, driving efficiency and innovation. Investors can gain exposure to Oracle through iShares Expanded Tech-Software Sector ETF IGV and Pacer Funds Pacer Data and Digital Revolution ETF TRFK. Price Action: ORCL shares are down 0.04% at $167.10 premarket at the last check Wednesday. Photo: Michael Vi/Shutterstock Read Next: Oracle Surges 20% In September As AI, Cloud Strategy Flashes Bullish Signals Market News and Data brought to you by Benzinga APIs

Malaysia bags another data center deal from U.S. Big Tech with $6.5 billion pledge from Oracle

The Southeast Asian country of Malaysia is getting another multi-billion dollar investment from U.S. Big Tech, the latest in the region's drive to capitalize on the AI boom. On Wednesday, Oracle announced it would invest at least $6.5 billion towards a public cloud region in Malaysia. A cloud region is the real-world location where cloud facilities are located. Oracle said the new facilities would allow its customers in Malaysia to leverage AI services, and help Malaysian organizations modernize their digital applications. "Malaysia offers unique growth opportunities for organizations looking to accelerate their expansion with the latest digital technologies," said Garrett Ilg, Oracle's executive vice president and general manager for Japan and Asia Pacific in a statement. Malaysia's minister of investment, trade and industry said Oracle's investment will support the country's ambitious plan to create 3,000 smart factories by 2030. Oracle's cloud investment follows a similarly sized pledge from Amazon. In late August, the U.S.'s company's cloud computing division promised $6.2 billion in investment for Malaysia. Microsoft and Google have also announced multi-billion dollar investments in Malaysian cloud infrastructure. Malaysia is working to position itself as a tech hub in Southeast Asia. In addition to data centers, Malaysia is also courting semiconductor investments in a bid to move up the chip supply chain. The country is working on a national cloud office and AI strategy, Malaysia Prime Minister Anwar Ibrahim said Tuesday at the groundbreaking ceremony for Google's new $2 billion data center complex. The U.S. company claims the investment will create 26,500 jobs and generate $3.2 billion in economic activity by 2030. Other Southeast Asian economies are attracting cloud-related investments. In May, Amazon pledged to invest $9 billion into its existing cloud infrastructure in Singapore by 2028. The Southeast Asian city-state has been a regional data hub for the U.S. company since 2010. On Monday, Google said it will invest $1 billion in Thailand to build a new data center and expand the country's cloud infrastructure. Microsoft also says it has a "significant commitment" to build new cloud and AI infrastructure in Thailand, according to CEO Satya Nadella in May. Microsoft is also promising $1.7 billion in cloud- and AI-related investment in Indonesia. The investment in Southeast Asia's data centers is part of a global push to invest in computing capacity to fuel new AI services. Last month, a consortium of companies including Microsoft and BlackRock pledged to mobilize $100 billion in capital to invest in new data centers.