by Teuvo Tuomi | Jul 21, 2024 | Singapore, AI, ASEAN, Digitalization, Innovation, Investment, News, Southeast Asia, Technology
The Monetary Authority of Singapore (MAS) has promised an additional S$100 million (74.3 million USD) to bolster the development of quantum and artificial intelligence technologies within the financial sector. This investment, allocated under the Financial Sector...
by Teuvo Tuomi | Jun 20, 2024 | ASEAN, AI, Business, Innovation, News, Reports, Southeast Asia, Technology, Visions
Recently published “Asia Pacific Tech Spend Forecast” expects tech spending in the region to remain robust and grow by a compounded annual growth rate of 6.4% to 7.4% annually, reaching US$876 billion in 2027. Over the next few years, software spending would continue...
by Teuvo Tuomi | Jun 9, 2024 | ASEAN, AI, Cambodia, Climate, Digitalization, News, Research, South Korea, Southeast Asia
ASEAN has announced the implementation of five AI-related activities by the ASEAN Committee on Science, Technology, and Innovation (COSTI). The initiatives aim to position ASEAN as a competitive player in the global AI (artificial intelligence) landscape. Hem Vanndy,...
by Teuvo Tuomi | May 22, 2024 | Business, Reports, Research, Technology, Thailand
A recent study by the Boston Consulting Group (BCG) has found that consumers in emerging markets, including Thailand, are generally among those who are particularly open to and excited about AI, particularly Generative AI (GenAI). However, only a few companies in...
by Teuvo Tuomi | May 2, 2024 | Business, Digitalization, Economy, Indonesia, Investment, News, Visions
Microsoft will “invest US$1.7 billion over the next four years in new cloud and AI infrastructure in Indonesia, as well as AI skilling opportunities for 840,000 people, and support for the nation’s growing developer community,” the company says. Indonesia’s...
