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  1. Jun 10, 2024 · TikTok parent company ByteDance is expanding its data center footprint in Malaysia as it spends RM10 billion ($2.13bn) on an AI hub. Tengku Zafrul Aziz, Malaysia’s investment, trade, and industry minister, revealed the news following a meeting with Helena Lersch, the vice president of TikTok.

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  3. Jun 7, 2024 · ByteDance, the parent company of TikTok, is investing US$2.13 billion to establish a regional AI hub in Malaysia, further boosting the country's digital economy.

  4. Jun 7, 2024 · TikTok owner ByteDance plans to transform Malaysia into a regional AI hub with a projected investment of about RM10 billion, announced investment, trade and industry minister Tengku Datuk Seri Zafrul Abdul Aziz.

  5. Jun 8, 2024 · China's social media giant ByteDance, TikTok's parent company, plans to spend about MYR10 billion ($2.13 billion) on investments to establish Malaysia as an AI hub, along with an additional MYR1.5 billion investment to expand its local data center.

  6. Jun 7, 2024 · KUALA LUMPUR : Bytedance, the parent company of social media app TikTok, plans to turn Malaysia into a regional artificial intelligence hub with a proposed investment of about 10 billion ringgit...

  7. Jun 7, 2024 · China-headquartered ByteDance, parent of popular social media app TikTok, plans to invest around MYR10 billion ($2.13 billion) to set up an artificial intelligence (AI) hub in Malaysia, the country’s trade minister said on Friday.