Official announcements from Oracle or news reports from reputable sources

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

Oct 2, 2024, 03:06 AM

Oracle has announced plans to invest $6.5 billion to build a cloud services center in Malaysia. This significant investment will establish Oracle's first public cloud region in the country and its third in Southeast Asia. The new cloud facilities will include access to Nvidia chips, which can be used to accelerate generative AI development and AI infrastructure. This move positions Oracle ahead of other major tech companies like AWS in the region.