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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.

  2. Jun 18, 2024 · ByteDance, the parent company of popular social media platform TikTok, has announced plans to catalyze Malaysia’s artificial intelligence (AI) sector by investing approximately RM10 billion. This significant commitment aims to establish Malaysia as a key regional hub for AI development.

  3. Jun 20, 2024 · On June 7, it was reported that the parent company of TikTok, ByteDance, is planning to invest around RM10 billion (US$2.13 billion) into Malaysia. This was according to Tengku Zafrul Aziz, Malaysia’s Minister of Investment, Trade, and Industry.

  4. Jun 10, 2024 · China-based ByteDance, the parent company of TikTok, is planning approximately $2.1bn (RM10bn) investment to create an artificial intelligence (AI) hub in Malaysia. In addition to the AI hub, ByteDance is also planning to bolster its existing data centre operations in Malaysia with an additional investment of RM1.5bn.

  5. Jun 12, 2024 · TikTok owner ByteDance is planning to invest in artificial intelligence (AI) and make Malaysia an AI hub for the region with a proposed investment of about RM10 billion.

  6. Jun 10, 2024 · TikTok developer ByteDance plans to expand its data centre facilities in Malaysia with an additional investment of MYR 1.5 billion ($320 million), according to the country’s minister of investment, trade and industry.

  7. Jun 10, 2024 · TikTok owner ByteDance has announced plans to invest in artificial intelligence (AI) and transform Malaysia into a regional AI hub. The proposed investment amounts to approximately RM10 billion.