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Oracle to invest US$6.5b to open public cloud region in Malaysia

by Teddy Cambosa

-

October 2, 2024

Oracle to invest US$6.5b to open public cloud region in Malaysia

Kuala Lumpur, Malaysia – Oracle has announced plans to invest more than US$6.5b to open a public cloud region in the country. The upcoming cloud region will enable Oracle customers and partners in Malaysia to leverage AI infrastructure and services and migrate mission-critical workloads to Oracle Cloud Infrastructure (OCI).

The planned public cloud region will help organisations in Malaysia modernise their applications, migrate all types of workloads to the cloud, and innovate with data, analytics, and AI. 

With this, 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.

Moreover, 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.

YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, minister of investment, trade and industry (MITI), Malaysia, said, “We warmly welcome Oracle’s US$6.5b investment in Malaysia, which represents yet another expansion of their 36-year footprint in 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.”

He added, “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.”

Meanwhile, Garrett Ilg, executive vice president and general manager, Japan & Asia Pacific, Oracle, commented, “Malaysia offers unique growth opportunities for organizations looking to accelerate their expansion with the latest digital technologies. 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.” 

Related Tags Malaysia Cloud Investment Oracle
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