ByteDance plans to invest $2.1 billion to establish an AI Hub in Malaysia, joining other tech giants in the region's growing digital infrastructure. This investment includes expanding their data center operations in the country.

The Malaysian Trade Minister announced this development as part of the country's strategy to grow its digital economy to 22.6% of GDP by 2025. This initiative aims to transform Malaysia into a regional AI hub.

This investment follows similar commitments from other major tech companies:

• Google announced plans for a data center and Cloud region in Malaysia's Elmina Business Park, Greater Kuala Lumpur. The project includes AI literacy programs for Malaysian students and educators.

• Microsoft committed $2.2 billion to expand cloud and AI services, including:

  • Building digital infrastructure
  • Creating AI skill development programs
  • Establishing a national AI Centre of Excellence
  • Enhancing cybersecurity capabilities

These investments align with Malaysia's New Industrial Master Plan 2030, positioning the country as an emerging tech hub in Southeast Asia. The government sees these developments as crucial for creating better-paying jobs and supporting local SMEs in their digital transformation journey.

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