Softbank and Grab commit US$1.85 billion to boost Malaysia's AI infrastructure
· Business · Bernama, Japan Wire by Kyodo News
Softbank and Grab have announced a US$1.85 billion initial seed capital commitment to develop Malaysia's AI infrastructure. The investment forms part of a broader initiative to position Malaysia as a regional AI hub. Softbank will provide funding and technological expertise, while Grab will leverage its regional footprint to support AI deployment. The partnership aims to accelerate AI startups, research, and digital transformation across Southeast Asia. Softbank CEO Masayoshi Son and Grab CEO Anthony Fok outlined the joint vision at the launch event in Kuala Lumpur.
Why it matters
The US$1.85 billion injection will accelerate AI startup growth and digital transformation across Southeast Asia, directly benefiting Malaysia's technology sector and positioning the country as a regional AI hub. The partnership creates immediate opportunities for local AI talent and infrastructure development.
Read the original report — Bernama
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