Indonesia eyes ‘sovereign AI fund’ to drive development, document shows

Share via:



Authorities overseeing the development of artificial intelligence in Indonesia have proposed a “sovereign AI fund” to finance the archipelago’s ambitions to become a regional hub for the fast-growing technology, a government document showed.

Last month, Reuters reported that Southeast Asia’s largest economy would release its first national roadmap on AI in a bid to attract foreign investment as it looks to join the global AI and chip-making race.

The race has seen neighbouring Malaysia secure billions of dollars from global tech firms seeking to build…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Indonesia eyes ‘sovereign AI fund’ to drive development, document shows



Authorities overseeing the development of artificial intelligence in Indonesia have proposed a “sovereign AI fund” to finance the archipelago’s ambitions to become a regional hub for the fast-growing technology, a government document showed.

Last month, Reuters reported that Southeast Asia’s largest economy would release its first national roadmap on AI in a bid to attract foreign investment as it looks to join the global AI and chip-making race.

The race has seen neighbouring Malaysia secure billions of dollars from global tech firms seeking to build…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Swiggy Instamart Experiments With Physical Retail

SUMMARY The store is not owned by Instamart but...

Apple about to test iPhone 18 production, ready for...

A leaker with a good track record says...

Rajhans Precia Completes a Year, Emerges as a Premium...

Surat (Gujarat) , December 22: Rajhans Precia, India’s largest...

Popular