Science & Technology

Malaysia Gains Chinese Investors to Build More Data Centers

Malaysian Economy Minister Rafizi Ramli said that the country’s leadership is currently negotiating with potential investors from China about their possible participation in data center construction projects.

Malaysia Gains Chinese Investors to Build More Data Centers

Nowadays, Kuala Lumpur strives to raise as many high-quality investments as possible. It is worth noting that data center construction projects are promising in both the short and long term. Currently, there is a process of intensive scaling of the use of artificial intelligence. Moreover, machine intelligence is under active development, as a result of which the number of its configurations and digital products based on advanced technology is rapidly increasing. Computing power is necessary for all stages of a kind of artificial intelligence formation. In this case, it means using the mentioned power in the elaboration of machine intelligence, its training, and subsequent functioning as a finished digital product.

Rafizi Ramli, while talking to media representatives, said that the Malaysian government will strengthen its infrastructure to take advantage of the so-called artificial intelligence boom.

Technology giants from the United States such as Nvidia, Microsoft, and Google have already announced plans to build data centers in the mentioned country last year. Rafizi Ramli says that Chinese companies are also interested in developing more to serve national technology companies that want to enter the Southeast Asian market. The minister stated that Malaysia is striving to expedite the transition from the back-end part of the semiconductor industry to the front-end. Rafizi Ramli noted that the mentioned aspiration concerns the design of integrated circuits and data centers.

As we have reported earlier, TikTok Partners With Atome for Malaysia E-Commerce.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.