SoftBank collaborates with Grab to develop Malaysia's AI infrastructure
SoftBank and Grab signed a cooperation agreement, jointly investing with Sarawak Petroleum in Malaysia to develop AI infrastructure for 1 billion and 750 million US dollars, with Sarawak Petroleum contributing 100 million US dollars, and the project's total designed scale exceeds 5GW. Grab co-founder Chen Bingyao will be responsible for project development and will form a dedicated management team. SoftBank agrees to a five-year lock-up on its held Grab shares.
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- 36Kr · AI··First
SoftBank Group and Grab jointly develop Malaysia's AI infrastructure
- ITHome · AI··+10 h 18 min·Reading now
SoftBank collaborates with Grab to develop Malaysia's AI infrastructure
Adds:SoftBank agrees to lock up its Grab shares for five years.
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Source: ITHome · AI · ithome.com