Malaysia to invest US$250mil over next decade via strategic collaboration with Arm Holdings


— Reuters

KUALA LUMPUR: Malaysia will invest US$250 million (US$1= RM4.44) over the next decade, leveraging on Arm Holdings Plc's expertise, to create a new ecosystem in the artificial intelligence (AI) and semiconductor industry through a strategic collaboration with the United Kingdom-based company. 

Prime Minister Datuk Seri Anwar Ibrahim is expected to launch the strategic collaboration later today.

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