News

Ministry Of Digital Welcomes Eros Investments, Immerso AI-IP & Partners USD1 Billion Investment To Develop The First AI Movie Studio, And Generative AI Infrastructure In Malaysia

Top global companies are continuing to invest in Malaysia, with the latest being discussions with Eros Investments Group and Immerso AI-IP to expand into Malaysia.

During my recent trip to New Delhi, I attended a series of meetings with several decision-makers of major Indian companies, including the Chief Executive Officer of Immerso AI-IP, Ali Hussein. For the record, Immerso AI-IP is part of Eros Investments Group.

During the meeting, I was briefed about Immerso AI-IP’s artificial intelligence (AI) Park and its AI movie studio – the first one to be built in Malaysia. Both ventures will see expected investment of USD1 billion, with the potential creation of 5,000 jobs made available over the next five years.

I was informed that the Immerso AI Park will encompass an AI university and an AI data centre. It will drive global collaborations to support startups. The AI movie studio and film city hub will enhance talent skills in transmedia and digital productions in Malaysia. The ventures will also identify opportunities to incorporate Malaysian content into the companies’ existing and new intellectual properties (IPs).

In addition, through the MoU between Malaysia Digital Economy Corporation (MDEC) and Nasscom, local talents will be trained in several key areas in the digital sphere, namely Generative Artificial Intelligence (AI), cyber security, software development and Next Gen technologies.

Investments in the nation’s digital content sector alone surged to RM1.6 billion last year from RM550 million in 2022, via the Malaysia Digital initiative by MDEC.

The trip to New Delhi has opened up new opportunities, and I look forward to this investment, which will contribute to Malaysia’s booming digital economy.

GOBIND SINGH DEO MINISTER OF DIGITAL

Adib Mohd

Recent Posts

SEACare 2025 Solidifies Malaysia’s Leadership in Southeast Asia’s Healthcare Landscape

Malaysia’s commitment to transforming its healthcare system takes centre stage this week as SEACare 2025,… Read More

18 hours ago

Drop: A First Date That Turns Into a Psychological Minefield

What happens when trust, trauma, and tequila meet at the same table?  That’s the unnerving… Read More

19 hours ago

SME Bank Collaborates with Autism Cafe Project to Empower Autistic Entrepreneurs

Small Medium Enterprise Development Bank Malaysia Berhad (“SME Bank”) has partnered with The Autism Cafe… Read More

19 hours ago

Pahlawan Malaysia 2025: Malaysia’s Premier Obstacle Sports Competition Set to Energize the Nation at the Curve, Mutiara Damansara

The Malaysia Obstacle Race Sports Association is proud to announce Pahlawan Malaysia 2025, the premier… Read More

19 hours ago

Tesla Malaysia is Celebrating the ‘Earth Week’ to Rewards Owners in Conjunction with a ‘Refer and Win’ Campaign

Embracing the mission to accelerate the world’s transition to sustainable energy, Tesla Malaysia launches the… Read More

20 hours ago

Malaysia’s Viper Niza Racing On The Winners’ Podium At The 12 Hours Of Spa Francorchamps

Malaysians Douglas Khoo, Dominic Ang and Melvin Moh raced to a podium finish at last… Read More

20 hours ago

This website uses cookies.