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Malaysia steps up its AI game with regulations and cloud computing policy

News Feed - 2024-10-01 08:10:53

Savannah Fortis13 hours agoMalaysia steps up its AI game with regulations and cloud computing policyMalaysia has strengthened its AI and cloud computing landscape with new regulations and partnerships, positioning itself as a hub for ethical AI and digital innovation.592 Total views1 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTCOINTELEGRAPH IN YOUR SOCIAL FEEDFollow ourSubscribe onMalaysia is stepping up its game to encourage the ethical use of artificial intelligence and advance local cloud computing efforts. 


According to an Oct. 1 report from Reuters, Malaysian Prime Minister Anwar Ibrahim said the country will introduce a national AI office to coordinate initiatives surrounding AI developments — a move that reflects a growing global trend of governments embracing AI while ensuring responsible regulation.Malaysian AI and cloud computing regulations


The prime minister also unveiled plans for a national cloud computing policy aimed at improving public service innovation, economic growth, competitiveness and digital inclusion. The policy will prioritize data security and user trust, ensuring that all citizens benefit from technological advancements.


The national AI office is tasked with completing a five-year technology “action plan” and a regulatory framework that will help promote the adoption of ethical and sustainable AI within the next year. 


While this is Malaysia’s first major regulatory development around AI, the government has already introduced other laws affecting Big Tech. 


On Aug. 1, Malaysia proposed licensing requirements for social media and messaging providers with more than 8 million users, which prompted reactions from industry leaders. 


Related:Thai authorities raid illegal Bitcoin mine behind local power outages


The proposed “light-touch” regulation is expected to take effect in January 2025. It aims to avoid stifling innovation while reducing online harm, such as cyberbullying, scams and gambling. 


Still, in response to the regulation, the Asia Internet Coalition (AIC) lobby group — which includes Big Tech companies like Google, Meta, Amazon, Apple and X — called on the prime minister to reconsider. Big Tech investments in Malaysia


While lobbying against some regulations, Big Tech companies have been actively investing in Malaysia’s tech sector. 


Following the announcement of AI and cloud policies, Google revealed a multi-year partnership with a Malaysian tech firm to provide cloud services, which is expected to create 26,500 jobs and contribute over $3 billion to the local economy by 2030. Google is also building a $2 billion data center to support the region’s cloud infrastructure. 


Ibrahim commented on the developments: “We aim to position Malaysia as a hub for generative artificial intelligence and investments from tech partners will be critical in building a robust and secure digital infrastructure.” 


Before Google’s announcement, Microsoft committed $2.2 billion in May for its own expansion in Malaysia, focusing on AI and cloud computing. Microsoft said it will collaborate with the government to create a “national AI Center of Excellence” and improve cybersecurity capabilities.


Big Tech’s growing involvement in Malaysia comes as the country develops more comprehensive regulations that could impact the tech industry.


Cointelegraph has reached out to the Malaysian Ministry of Science, Technology and Innovation for additional details. 


Magazine:$12.1M fraud suspect with ‘new face’ arrested, crypto scam boiler rooms busted: Asia Express# Investments# Adoption# AI# Malaysia# Cloud ServicesAdd reaction

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