(Bloomberg) -- Google committed to making $2 billion in investments in Malaysia, including developing its first data center and a cloud facility.Most Read...
-- Google committed to making $2 billion in investments in Malaysia , including developing its first data center and a cloud facility.The pledge marks Google ’s largest planned investment in the Southeast Asian nation, according to Alphabet Inc. Chief Financial Officer Ruth Porat in a statement Thursday.The data center and Google Cloud region facility will support 26,500 jobs across various sectors in the country, with the total economic impact valued at $3.
Microsoft’s Chief Executive Officer Satya Nadella said this month the company would invest $2.2 billion in Malaysia, in addition to similar pledges for Indonesia and Thailand. Microsoft and Google are competing fiercely for leadership in artificial-intelligence services, seeking customers to adopt their offerings in the burgeoning field.
Google will invest $2 billion in Malaysia to develop its first data centre and Google Cloud region in the country, the unit of Alphabet said on Thursday, the latest in a wave of expansion by global tech firms into Southeast Asia. The government said the investment would advance Malaysia's digital ambitions, and the artificial intelligence capabilities and other advanced technologies would help local industry move up the global value chain.
Today's rally isn't a durable bull run, but is driven by investors who want to "grasp the suds of yesterday's bubble," John Hussman wrote.Here are three TSX stocks that are set to increase their dividends later this year. The post 3 Stocks Set for Dividend Increases This Year appeared first on The Motley Fool Canada.Why You Don’t Need Need to Buy Nvidia Stock Right Now
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