A recent industry report indicates Singapore is currently the primary driver of artificial intelligence investment in Southeast Asia. Analysis reveals that 680 AI start-ups have received over US$2.3 billion in private funding over the past 12 months, representing 32% of the region’s total private investment. The report, spearheaded by Google, Temasek, and Bain & Company, highlights Singapore’s strategic role in fostering AI innovation within the region. These start-ups are focusing on various applications, including cloud computing, data analytics, and machine learning, contributing significantly to economic growth and technological advancement across Southeast Asia.
Credits: News – South China Morning Post
