• SoftBank Group, Grab and PETROS signed a joint development agreement for a planned USD 1 billion AI infrastructure investment in Sarawak, Malaysia.
• The project will be led and majority-owned by SoftBank, targeting five gigawatts of AI compute capacity over the long term.
• Initial contributions comprise USD 800 million from SoftBank, USD 100 million from Grab and USD 100 million from PETROS.
• Investment will be staged, subject to development milestones, customer contracts and closing conditions; the partners will seek additional investors and hyperscaler customers.
• The agreement advances a partnership established under a framework agreement signed in Kuching on October 8, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SoftBank Group Corp. published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.