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Malaysia Advances AI Sovereignty with Nvidia-Powered Data Center; BOOKMAP Summit to Unlock Investment Opportunities
Globenewswire· 2025-12-04 11:00
Group 1: AI Investment and Infrastructure - Malaysia is hosting an investor summit titled "AI-Driven Investment Opportunities" to promote AI investments [1] - The Malaysian government, in collaboration with Nvidia and YTL Power International Bhd., has launched a 600MW Nvidia-powered data center in Kulai, Johor, marking a significant step in Malaysia's AI sovereignty strategy [1][2] - The government has allocated RM5.9 billion in the 2026 Budget to enhance AI infrastructure and adoption, aiming to boost industrial productivity and global competitiveness [2] Group 2: Strategic Goals and Market Positioning - Malaysia aims to become an AI leader in ASEAN by 2030, following the launch of its first locally developed large language model, ILMU [2] - The global AI market is projected to exceed USD 1.8 trillion by 2030, with Malaysia positioned to benefit from this growth [5] - The initiatives are part of Malaysia's broader "Malaysia Digital" strategy, which seeks to establish Kuala Lumpur as ASEAN's emerging tech hub [5] Group 3: Company Developments and Innovations - BOOKMAP Malaysia Sdn. Bhd. is enhancing investor capabilities with advanced order-flow visualization tools and expanding its hybrid online exchange services [6] - Axiata Group Berhad is leveraging AI for network optimization and data center investments, currently in its "Wave 3 impulse phase" with a projected price target of RM4.50 [7]