TL;DR CNBC

Google to invest $2 billion in Malaysia and build data center to capture rising AI demand

Publishing timestamp: 2024-05-30 01:11:49

Summary

Google to invest $2 billion in Malaysia to build first data center and cloud region, as demand for AI and cloud services rises. Investment expected to contribute to Malaysia's GDP and create jobs by 2030. Google's move follows similar investments by Microsoft in Southeast Asia.

Sentiment: POSITIVE

Tickers: GOOGL,  MSFT, 

Keywords: breaking news: technology,  technology,  microsoft corp,  asia economy,  business news,  alphabet inc, 

Source: https://www.cnbc.com/2024/05/30/google-to-invest-2-billion-in-malaysia-and-build-data-center-to-meet-ai-demand.html