Malaysia is poised to introduce a national cloud policy and regulatory framework for the ethical use of artificial intelligence (AI), according to Prime Minister Anwar Ibrahim. Speaking on Tuesday, he highlighted that the national cloud policy will target four critical areas: enhancing public service innovation and efficiency, boosting economic competitiveness and growth, strengthening user trust and data security, and empowering citizens through digital inclusivity. Comment The announcement comes as global tech firms are increasingly investing in Malaysia to build essential infrastructure to meet the rising demand for cloud and AI services. These efforts include the establishment of a national AI office, which will be responsible for coordinating initiatives such as a five-year technology action plan and setting up a regulatory framework for AI adoption. The framework aims to promote ethical and sustainable AI usage within the next 12 months. Google recently entered a multi-year partnership with a local tech firm to provide sovereign cloud services, further solidifying its commitment to the country. Google’s investments in Malaysia are expected to create 26,500 jobs and contribute more than $3 billion to the economy by 2030. These digital investments have played a significant role in boosting Malaysia’s economy, with economic growth exceeding market expectations over the last two quarters. Comment The Malaysian ringgit has also emerged as one of the top-performing currencies in Asia. This move by Google is part of a broader expansion by global tech companies into Southeast Asia, a region with a young and tech-savvy population of 670 million. Comment Google is also investing $1 billion in Thailand to build a data centre and cloud region to meet the growing demand for cloud services and support AI adoption across Southeast Asia. September 24, 2024: Cloudflare Empowers Content Creators with Free Tools to Fight AI Bot Crawlers! September 20, 2024: Google Cloud and Salesforce Announce Autonomous AI Agents for Cross-Platform Collaboration! September 16, 2024: Huawei Cloud Rolls Out AI Infrastructure in Saudi Arabia for Vision 2030 September 11, 2024: Oracle Shares Soar as AI Surge Boosts Cloud Demand! September 10, 2024: US Introduces New Reporting Mandates for AI Developers, Cloud Providers For more news and trends, visit AI News on our website.
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Malaysia to Launch National Cloud Policy and AI Regulations!
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Digital marketing enthusiast by day, nature wanderer by dusk. Dave Andre blends two decades of AI and SaaS expertise into impactful strategies for SMEs. His weekends? Lost in books on tech trends and rejuvenating on scenic trails.Dave Andre
Digital marketing enthusiast by day, nature wanderer by dusk. Dave Andre blends two decades of AI and SaaS expertise into impactful strategies for SMEs. His weekends? Lost in books on tech trends and rejuvenating on scenic trails.
Key Takeaways:
At a ground-breaking ceremony for Google’s new $2 billion data centre and cloud region in Malaysia, Prime Minister Anwar stated, “We aim to position Malaysia as a hub for generative artificial intelligence, and investments from tech partners will be critical in building a robust and secure digital infrastructure.”
Google’s President and Chief Investment Officer Ruth Porat stated, “Our investments are designed to provide high-performing and reliable services, meeting demand for cloud and AI services across the country.”
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Digital marketing enthusiast by day, nature wanderer by dusk. Dave Andre blends two decades of AI and SaaS expertise into impactful strategies for SMEs. His weekends? Lost in books on tech trends and rejuvenating on scenic trails.
