Articles

Technology and Innovation
TikTok owners plan USD2.1 billion investments to turn Malaysia into an AI hub

ByteDance, the parent company of TikTok, plans a USD2.1 billion investment in Malaysia to establish an AI hub, alongside an additional $317 million for expanding data centers. This move aligns with Malaysia's goal to grow its digital economy to 22.6 percent of GDP by 2025. It mirrors investments by Google and Microsoft in Malaysia's data center infrastructure. ByteDance's initiative highlights Malaysia's emergence as a tech hub, supported by initiatives like Malaysia Digital and partnerships for AI education. With a growing data center market and a strategic AI roadmap, Malaysia is poised to lead in Asia-Pacific's digital innovation landscape.

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Technology and Innovation
TikTok owners plan USD2.1 billion investments to turn Malaysia into an AI hub

ByteDance, the parent company of TikTok, plans a USD2.1 billion investment in Malaysia to establish an AI hub, alongside an additional $317 million for expanding data centers. This move aligns with Malaysia's goal to grow its digital economy to 22.6 percent of GDP by 2025. It mirrors investments by Google and Microsoft in Malaysia's data center infrastructure. ByteDance's initiative highlights Malaysia's emergence as a tech hub, supported by initiatives like Malaysia Digital and partnerships for AI education. With a growing data center market and a strategic AI roadmap, Malaysia is poised to lead in Asia-Pacific's digital innovation landscape.

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Artificial intelligence
India well positioned to leap ahead of developed worlds with AI: Sundar Pichai

Sundar Pichai, CEO of Alphabet Inc. and Google, praises India's rising leadership in artificial intelligence (AI), predicting it could surpass developed nations. India's rapid AI advancements, bolstered by initiatives like Digital India and the National AI Strategy by NITI Aayog, are key factors. Despite challenges such as infrastructure gaps and talent retention, India's proactive approach in sectors like healthcare and agriculture places it ahead of peers like Germany and Australia in AI adoption. While the US and China lead in AI investment and research, India's focus on inclusive growth and ethical AI development sets it on a distinctive path towards global AI leadership.

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Artificial intelligence
India well positioned to leap ahead of developed worlds with AI: Sundar Pichai

Sundar Pichai, CEO of Alphabet Inc. and Google, praises India's rising leadership in artificial intelligence (AI), predicting it could surpass developed nations. India's rapid AI advancements, bolstered by initiatives like Digital India and the National AI Strategy by NITI Aayog, are key factors. Despite challenges such as infrastructure gaps and talent retention, India's proactive approach in sectors like healthcare and agriculture places it ahead of peers like Germany and Australia in AI adoption. While the US and China lead in AI investment and research, India's focus on inclusive growth and ethical AI development sets it on a distinctive path towards global AI leadership.

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