Tech giant Oracle is turbocharging Southeast Asia’s digital race with a $6.5 billion investment to build its first public cloud region in Malaysia 🇲🇾 – the latest power move in a region heating up with AI-driven infrastructure projects.
The investment, revealed Wednesday, outshines Amazon Web Services’ $6.2 billion cloud push announced last year. Oracle’s move highlights how global tech giants are racing to capitalize on Southeast Asia’s booming demand for AI, cloud services, and data storage – with Malaysia becoming a key battleground.
Why Malaysia? 🌟
Malaysia’s growing tech ecosystem has attracted over $14 billion in digital investments since 2023 from companies like:
- Microsoft ($1.7B in Indonesia)
- Google ($2B data center launched Tuesday)
- ByteDance (TikTok’s parent company)
Oracle’s cloud region will let Malaysian businesses – from airlines to banks – store data locally instead of relying on overseas servers. “This helps companies innovate faster while cutting costs,” said Oracle Asia-Pacific EVP Garret Ilg.
AI Gold Rush Sparks Regional Boom 💰
With 50 global cloud regions already, Oracle plans more Asian expansions from Japan to India. Southeast Asia’s digital economy is projected to hit $600 billion by 2030, driven by:
- 🤖 Surging AI adoption
- 📈 Demand for localized data storage
- 🌐 Government digitalization programs
As tech firms scramble for market share, Malaysia’s strategic location and pro-investment policies make it a rising star in Asia’s tech revolution. Will this cloud war heat up further? Stay tuned. 🔥
Reference(s):
Oracle to invest $6.5 billion to set up cloud facilities in Malaysia
cgtn.com