Oracle has announced plans to invest more than USD6.5 billion (RM27 billion) to establish its first public cloud region in Malaysia According to Reuters, this marks a significant move in the tech world’s growing interest in Southeast Asia and 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.

Oracle will invest more than $6.5 billion to develop a data center in Malaysia amid booming demand for AI applications and cloud services across the region.

Oracle plans to invest over $6.5 billion to establish its first public cloud region in Malaysia, marking one of the largest single technology investments in the country to date. This investment is part of a broader trend of global technology firms increasing their focus on Southeast Asia.

Oracle Corp. plans to invest more than $6.5 billion to establish a public cloud region in Malaysia, aiming to meet the country’s growing demand for artificial intelligence and cloud services.

Tech giant Oracle on Wednesday said it plans to invest more than $6.5 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 planned public cloud region is expected to support organisations in Malaysia in modernising their applications, migrating various types of workloads to the cloud, and innovating data, analytics, and AI.

Malaysia has emerged as an attractive destination for American tech companies as supply chains try to decouple from China.

Oracle has announced plans to invest over US$6.5 billion to establish a public cloud region in Malaysia to address the growing demand for AI and cloud services in the country.