ByteDance, the parent company of the social media platform TikTok, has announced plans to lay off more than 700 workers from its Malaysian unit as part of a restructuring initiative towards greater use of artificial intelligence in content moderation. According to reports, the layoffs are part of a broader plan to improve its moderation operations…
Oracle: $6.5 Billion Cloud Investment In Malaysia
Oracle Corporation is an American multinational computer technology company founded in 1977 and headquartered in Austin, Texas. It specializes in database software and cloud computing. As of 2020, it was the third-largest software company in the world by revenue and market capitalization. According to reports, Oracle has announced plans to invest $6.5 billion USD to…
Eros Investments To Invest $1 Billion In Malaysia
Eros Investments is a leading Indian entertainment company founded in 1977 and headquartered in Mumbai, India. It acquires, produces, and distributes films, music, and digital content globally. According to reports, Eros has announced plans to invest $1 billion USD in Malaysia to develop an artificial intelligence park and movie studio. This investment is expected to…
ByteDance: $2.13 Billion AI Investment In Malaysia
ByteDance Ltd. is a Chinese internet technology company founded in 2012, with its headquarters in Haidian, Beijing. It is the parent company of the popular video-sharing app TikTok. According to reports, ByteDance has announced plans to invest $2.13 billion USD to set up an Artificial Intelligence (AI) hub in Malaysia. This investment will be used…
Google: $2 Billion Investment In Malaysia
Google has announced plans to invest $2 billion USD in Malaysia to develop its first data center and cloud hub in the country. This investment deal will enhance the country’s digital ambitions and artificial intelligence capabilities, as well as other advanced technologies, to unlock the potential of digital transformation. The report further mentions that the…
Malaysia: $107 Billion Semiconductor Investment
Malaysia has announced it’s targeting a $107 billion investment in its semiconductor industry as it aims to position its self as a global manufacturing hub. Malaysia’s semiconductor industry accounts for 13% of global testing and packaging. This investment will be used for integrated circuit design, advanced packaging and manufacturing equipment for semiconductor chips. The report…
Microsoft: $2.2 Billion AI & Cloud Investment In Malaysia
Microsoft has announced plans to invest $2.2 billion USD in cloud and artificial intelligence infrastructure in Malaysia. This investment deal is expected to be made over the next 4 years and will also involve collaboration with the Malaysian government to establish a national AI center in the country to enhance the country’s cybersecurity capabilities.The report…
Malaysia: Helicopter Crash Kills 10
Malaysia is a country located in Southeast Asia with a population of over 33 million people. The country is bordered by Thailand, Singapore, Vietnam, Indonesia, and the Philippines. Perak is a region in West Malaysia, with a population of 2.5 million residents as of 2018. According to reports, two Malaysian navy helicopters collided in mid-air…