Nvidia-YTL Power deal to boost Malaysia as Asean AI hub 


An illustration of the YTL Green Data Center Park, a 500MW data centre campus in Johor.

KUALA LUMPUR: Malaysia is poised to emerge as a regional hub and centre of excellence for artificial intelligence (AI) in Asean following the signing of a strategic partnership between Nvidia Corp and YTL Power International Bhd.

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said the agreement aims to develop AI infrastructure powered by green energy in Malaysia, backed by an investment worth RM10bil.

“This landmark project includes the development of AI data centres, deployment of Nvidia’s high-performance graphics processing units (GPUs), and most importantly, the creation of Malaysia’s own sovereign large language model (LLM),” he said in a post on social media platform X today.

YTL Power is a subsidiary of YTL Corp Bhd.

Tengku Zafrul added that YTL will also build an AI ecosystem in collaboration with technology partners, suppliers and local contractors.

He said the partnership also reflects the tangible outcomes of Prime Minister Datuk Seri Anwar Ibrahim’s international engagements, laying the groundwork for investments that could reshape the nation’s economic and technological landscape.

In December 2023, Anwar met with Nvidia Corp chief executive officer Jensen Huang and YTL Power managing director Datuk Yeoh Seok Hong. — Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Nvidia , YTL Power , AI

Next In Business News

Oil gains after selloff, awaits progress on Strait of Hormuz flows
Trading ideas: HE, LFE, ICT Zone, Titijaya, Bedi, Berjaya, Sunview, Hextar Retail, KJTS, Propel, SimeProp, AAX, Tri Star, Talam, Salcon, Theta, Widad
S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
Oil declines after US-Iran peace talks show signs of progress
South Africa struggles with migrant exodus
JCorp charts improved FY25 performance
Asia has plenty of crude oil, refined fuels remain tight
Decathlon deepens ties with China suppliers
Softer sentiment to weigh on vehicle sales this year
Alliance Bank’s BizSmart programme to lift SMEs

Others Also Read