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680 million people, a US$600 billion digital economy: Southeast Asia’s AI moment

If you ask most people where the future of artificial intelligence will be built, they will name Silicon Valley, China, or Europe. Few would mention Southeast Asia. And yet, global tech giants are already investing tens of billions of dollars in the region. Why? Because Southeast Asia offers a unique combination of factors: 680 million […] The post 680 million people, a US$600 billion digital…

680 million people, a US$600 billion digital economy: Southeast Asia’s AI moment

Southeast Asia is poised to become a global center for artificial intelligence (AI), with a burgeoning digital economy, a vast population of 680 million people, and a growing number of tech-savvy entrepreneurs. Global tech giants, such as Microsoft, NVIDIA, AWS, Google Cloud, and Oracle, are heavily investing in the region to capitalize on this burgeoning market.

Vietnam is emerging as a promising market for AI investment due to its high rate of STEM graduates, a deep pool of software engineers, and a young, tech-savvy population. The region's AI market is projected to exceed US$600 billion by 2030, representing a vast opportunity for local startups and applications targeting regional users.

The AI ecosystem in Southeast Asia is rapidly growing, with GenAI Fund events attracting thousands of AI builders, projects, and ecosystem partners. The region is not only a fast-growing AI market but also a burgeoning AI talent hub, with the number of AI engineers doubling from 2023 to 2026, led by Vietnam.

Written by urgent.news from e27's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e27.co →

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