- Reuters
Google to invest $2 billion in data centre and cloud services in Malaysia
Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a wave of expansion by global tech firms into Southeast Asia. The government said the investment would advance Malaysia's digital ambitions, and the artificial intelligence (AI) capabilities and other advanced technologies would help local industry move up the global value chain.With a young tech-savvy population of 670 million, Southeast Asia has been attracting plenty of interest and investment recently from technology giants including Microsoft, Amazon, Nvidia and Apple.
- Bloomberg
Google Pledges $2 Billion Investment in Malaysia
(Bloomberg) -- Google committed to making $2 billion in investments in Malaysia, including its first data center and Google Cloud effort in the region.Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWarning Signals Are Flashing for Homeowners in Texas and Florida‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersInsurers Sink as UnitedHealth Sees ‘Disturbance’ in MedicaidThe pledge
- Insider Monkey
Five Broad Technology ETFs To Keep On Your Radar In 2024
Major U.S. indices are coming off a strong performance quarter following surging gains of large-cap technology stocks fueling the bull market. Despite the slight drawback in recent weeks, Wall Street analysts are positive that there’s still enough steam left in the engines before indices could experience a retraction. Tech Holding Steady On Monday, May 20 […]
