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  1. techtrp.com › news › 2024/06/10TikTok's Parent Company Invests RM10 Billion To Make Malaysia...

    Jun 10, 2024 · The projections suggest that by 2029, TikTok users in Malaysia could total 21.7 million. On 2 May 2024, Microsoft pledged to invest RM10.5 billion investment in AI and cloud computing in Malaysia to aid in the development of the country’s AI infrastructure.

  2. www.datacenterdynamics.com › en › newsTikTok owner ByteDance to expand Malaysia data center footprint...

    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.

  3. www.techtimes.com › articles › 305464TikTok Parent ByteDance Boost SEA Presence with $2.13 Billion AI...

    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. www.marketing-interactive.com › bytedance-invest-10-billionTikTok's ByteDance to invest RM10 billion into Malaysia

    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.

  5. www.channelnewsasia.com › business › bytedance-plans-21Bytedance plans $2.1 billion investment in Malaysia for AI ... -...

    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...

  6. seasia.co › 2024/06/08 › bytedance-set-to-injects-2-billion-toByteDance Set to Injects $2 Billion to Boost Malaysia's AI ... -...

    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.

  7. www.thestar.com.my › business › business-newsByteDance plans RM10bil investment in AI, to make Malaysia ... -...

    Jun 7, 2024 · KUALA LUMPUR: TikTok owner ByteDance plans to invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion.