PETROS, SoftBank, and Grab commit $1B seed capital to Sarawak AI infrastructure

PETROS, SoftBank, and Grab commit $1B seed capital to Sarawak AI infrastructure

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Petroleum Sarawak Bhd (PETROS), SoftBank Group Corp, and Grab Holdings Ltd have signed a joint development agreement to provide $1 billion in seed capital aimed at developing artificial intelligence infrastructure in Sarawak. This initiative marks a significant investment in the region's technology sector.

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Originally published by gnews