Magna AI and Zchwantech Sign USD 700 Million MoU for Malaysia's AI Infrastructure Development
INDUSTRIAL IOTDATA AND AI INFRASTRUCTURE
Magna AI and Zchwantech Group have signed a USD 700 million MoU to develop sovereign AI infrastructure in Malaysia. The collaboration aims to establish a 20MW AI datacenter in Sarawak and create AI applications tailored for key industries, enhancing operational efficiency and security. This partnership addresses the growing need for national-scale AI capabilities amid rising cyber threats, aligning with Malaysia's digital economy goals.

Feb 10, 2026, 4:07 PM