Japan’s SoftBank plans to join $50 billion AI investment in Malaysia, Nikkei reports

By Reuters News

Oct 26 (Reuters) - SoftBank Group 9984.T is discussing joining a $50 billion investment plan in Malaysia focused on artificial intelligence and data centres, Nikkei Asia reported on Monday, citing a call between Malaysian Prime Minister Anwar Ibrahim and SoftBank CEO Masayoshi Son last week.

SoftBank is expected to contribute only a portion of the total, with project financing and other sources likely to be used to fund the investments, the report said.

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