Google's $2B Data Center in Malaysia to Create 26,500 Jobs, Boost Economy by $3B by 2030

October 1, 2024
Google's $2B Data Center in Malaysia to Create 26,500 Jobs, Boost Economy by $3B by 2030
  • On October 1, 2024, Prime Minister Anwar Ibrahim announced Malaysia's plans to establish a national cloud policy and regulations for the ethical use of artificial intelligence (AI).

  • The government aims to position Malaysia as a hub for generative AI, emphasizing the importance of investments from tech partners to develop secure digital infrastructure.

  • Google's investments are part of a broader trend by global tech firms in Malaysia, aimed at enhancing the performance and reliability of cloud and AI services to meet growing demand.

  • These digital investments have significantly boosted Malaysia's economy, leading to stronger performance of the ringgit against other currencies.

  • Such developments illustrate Big Tech's increasing involvement in Malaysia amid evolving regulations that could impact the tech industry.

  • Malaysia plans to establish a national AI office to coordinate initiatives and develop a regulatory framework for ethical AI adoption within the next year.

  • The national cloud policy will focus on fostering public service innovation, economic growth, user trust, data security, and digital inclusivity.

  • In addition, the government plans to introduce new laws to expedite redress for victims of online harm, including the establishment of a new agency to facilitate the removal of abusive content.

  • These regulatory efforts come in response to increased threats such as scams, cyberbullying, misinformation, and technology-induced isolation.

  • The 'AI for Fun' course will be introduced in schools to provide an engaging introduction to coding and AI, enhancing students' understanding of technology.

  • As part of the Smart Nation 2.0 initiative, the Singapore government has allocated S$120 million for AI research, aiming to develop strong local expertise.

  • The National Research Foundation will lead the AI research program in Singapore, providing financial backing for researchers and scientific experts.

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