SoftBank, Grab and PETROS Plan RM4.07 Billion AI Investment in Sarawak
KUCHING, Nov 10 – SoftBank Group, Grab and Petroleum Sarawak Berhad (PETROS) have signed an agreement to advance plans for a US$1 billion (approximately RM4.07 billion) investment in artificial intelligence (AI) infrastructure in Sarawak. The proposed investment marks a major step towards developing Sarawak into a regional centre for AI computing and advanced technology. The […]
Japan’s Nikkei Falls 3% as US Midterm Results Shake AI Stocks
TOKYO, November 4 – Japan’s stock market fell sharply on Wednesday as technology shares came under pressure following early gains by Democrats in the US midterm elections. Investors became concerned that stronger Democratic control in Congress could lead to tighter regulations on artificial intelligence (AI) infrastructure projects. The concerns also raised questions about future investment […]