SoftBank Group has entered into a memorandum of understanding with PETROS, a Malaysian state-owned energy company, and Grab, a leading Singapore-based ride-hailing service, regarding the development of AI infrastructure in Malaysia. The parties will explore the possibility of expanding their businesses in Sarawak, eastern Malaysia.
SoftBank Group announced that it had entered into a memorandum of understanding on cooperation with PETROS, a Malaysian state-owned energy company, and Grab, a leading Singapore-based ride-hailing service, to develop AI infrastructure in Malaysia. The parties aim to cooperate on the rollout of AI-related services and talent development.
As partners, PETROS will be responsible for power supply and related facilities, while Grab will draw on its customer base in Southeast Asia. The 3 companies plan to explore the possibility of expanding their businesses in Sarawak, eastern Malaysia, with each intending to leverage its respective strengths.
SoftBank Group has previously announced plans to invest in AI infrastructure in the United States, including the Stargate AI infrastructure project and plans to develop large-scale data centers. In May, it also disclosed plans to develop a data center in France.