Grab Holdings Ltd (GRAB) Form 6-K — Nov 9, 2026
Grab, SoftBank Group and PETROS signed joint development agreements on November 9, 2026 to invest US$1.85 billion in initial combined seed capital to build AI infrastructure in Sarawak and Peninsular Malaysia, targeting five gigawatts or more of AI compute capacity long term. Grab will contribute US$750 million in total: US$100 million into the US$1 billion Sarawak project led and majority-owned by SoftBank (SBG US$800M, PETROS US$100M), and US$650 million as founding shareholder of the US$850 million Peninsular Malaysia project, which Grab will lead and fund further at the project level with third-party equity and non-recourse financing.
Key figures
- Deal Value Usd
- 1850000000
- Petros commitment
- US$100 million
- Grab total commitment
- US$750 million
- Sarawak project total
- US$1 billion (SBG US$800M, Grab US$100M, PETROS US$100M)
- Long term capacity target
- 5+ GW of AI compute
- Softbank total commitment
- US$1 billion
- Peninsular malaysia project total
- US$850 million (Grab US$650M, SBG US$200M)
AI analysis
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