Southeast Asia is considerably prospective to be one of the leading global AI hubs, according to Skymind Global Ventures (SGV) founder Shawn Tan.
London-based Skymind Global Ventures (SGV) is a startup focusing on Artificial Intelligence project funding. Just recently, the company aims to expand its global reach, particularly on cultivating promising AI companies and academic researches, in several different regions.
Accordingly, Southeast Asia belongs to one of the target investments of the corporate for AI development. Considering the region’s rapid development and infrastructure, SGV believes that it is suitable for developing the future technology.
Previously, the company was spreading its coverage to some developed Asia-Pacific countries like Singapore, China, Japan, and Australia. Additionally, those countries possess the supporting environment for AI development.
However, what captivates SGV’s interest to invest in Southeast Asia is the fact that the companies from those countries begin to start investing in Malaysia. Following the moves, SGV decides to start investing in the region, specifically in Indonesia and Malaysia as the pioneer projects.
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SGV’s AI Development Projects in Southeast Asia
In the current stage, SGV is planning to establish projects in Indonesia and Malaysia among the Southeast Asian countries. The reason being is that the company views both countries as high-value growth markets with high demands for AI.
Considering the two countries, SGV believes that both Indonesia and Malaysia are ready with the supporting infrastructure for the projects, as well as the affiliates. However, what the countries are lacking of are the necessary experts regarding the field.
That, fortunately, becomes the aspect that SGV can provision. Aiming at making the countries as the global AI hubs, the company will provide the necessary experts, trainings, and funds for any potential companies.
As the continuation of the project, SGV explains that it will strengthen its influence in the region. Among the considered countries are Singapore and Thailand.
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