Bytedance, owner of TikTok, plans a $2.13bn investment in Malaysia to establish it as a regional AI hub.
Chinese tech giant Bytedance, owner of TikTok, plans a $2.13bn investment in Malaysia to establish the country as a regional AI hub, as per Malaysia's Investment, Trade and Industry Minister Tengku Zafrul Aziz. This investment will support AI tech growth and related industries, strengthening Malaysia's global tech industry position.
June 07, 2024
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