SoftBank Plans $50 Billion Malaysia AI Investment as Country Pushes 2030 Tech Ambitions
Updated
Updated · CNBC · Oct 26
SoftBank Plans $50 Billion Malaysia AI Investment as Country Pushes 2030 Tech Ambitions
3 articles · Updated · CNBC · Oct 26
Summary
$50 billion in planned SoftBank investment would target AI, new technologies and data centers in Malaysia, Prime Minister Anwar Ibrahim said after talks with CEO Masayoshi Son.
Kuching in Sarawak and sites in peninsular Malaysia have been identified for the projects, tying the plan to Malaysia's drive to become an "AI nation" by 2030.
SoftBank already signed a framework agreement this month with Grab and Petroleum Sarawak to explore AI computing services and digital infrastructure development in Sarawak.
Malaysia has become a regional magnet for tech capital: Google pledged $2 billion, Microsoft $2.2 billion and AWS $6.2 billion, while data center-related investments reached 385.7 billion ringgit through mid-2026.