Beyond the hype: how South East Asia is gearing up for an AI-powered future

28

August

  • 4PM London / 11AM New York
  • Free

Why attend?

GlobalData Deals Analytics reveals that investments in generative AI startups are on a growth trajectory, growing their value more than four times in two years to stand at $17.9 billion in June 2024, even in a squeezed startup funding environment. Patents using generative AI have also boomed, suggesting large enterprises are gearing up to adopt LLMs into their operations.

The huge potential for advancing AI technology to boost business profitability is a hot topic and the biggest technology firms in the world are investing billions of dollars in data centres, upskilling programmes and AI innovation labs to be at the forefront of the new economy. South East Asia (SEA) has been one of the largest recipients of this capital flow and specifically Malaysia, where Microsoft, Google and Nvidia, the largest makers of AI semiconductors in the world, have all committed landmark sums. Nvidia has partnered with Malaysian utility firm YTL Power in a $4.3 billion deal that will develop the country’s fastest supercomputers, build a Malay-based LLM and generally advance the development of AI infrastructure in the SEA region.

This webinar will explore why South East Asia and specifically Malaysia is emerging as a hot spot for AI FDI and the incentives and support businesses can access there to adopt and integrate human-centric AI into their operations while understanding the risks.

Learning Objectives:

  • Why Generative AI is not just another overhyped technology
  • How businesses are integrating Generative AI into their operations and how this will evolve South East Asia’s digital transformation and emergence as a hot spot for data centre investment and AI innovation
  • The region’s policy initiatives to create responsible AI frameworks and a workforce that can support businesses succeed in a new AI-driven economy
  • Why Malaysia is emerging as a beacon in the region for Big Tech investment

 

Highlight support available to help your business expand in the South East Asia economy and access the advantages of digital growth

Speakers

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Raymond Siva
Senior Vice President, Digital Investment Office at MDEC

Ray has more than 26 years of experience in strategic communications, investor strategy and promotion, crisis and issues response. He is recognised as one of the few Malaysians with deep knowledge of the government and international affairs, with extensive experience in stakeholder engagement and management. He has led Investor Promotion engagements for the private and public sectors at the World Economic Forum at Davos for 5 years. Ray had led various IPOs in Malaysia and Indonesia, including the world’s second-largest IPO and the biggest in Asia in 2012. Ray was appointed as the Chief Marketing Officer of the Malaysia Digital Economy Corporation (MDEC) in October 2019. He assumed the Digital Investment portfolio as the Senior Vice President (SVP) of Digital Investment in December 2020.

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Lara Williams
Editor, Verdict Technology

Lara Williams is Editor of Verdict Technology. An experienced writer, Lara previously worked as Deputy Editor of the Financial Times’s fDi Magazine. Lara has a background in technology journalism writing for the UK’s Computing Magazine and covering technology investment for GlobalData’s Investment Monitor

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Alfie Amir
Senior Principle Analyst

Alfie Amir is a Senior Principal Analyst with GlobalData. He is responsible for research and consulting in enterprise ICT services focusing on enterprise 5G, IoT, cloud and telecom in Asia Pacific. He also leads the research practice in ASEAN. He has published numerous reports, delivered various consulting projects and presented at industry events. Alfie has over 15 years of experience in the telecommunications and ICT industry.

Prior to joining GlobalData, he led the ASEAN telecom research at IDC and worked as a technology strategist for a Malaysian carrier. Alfie holds an MBA from the University of Nottingham and a Master Degree in Electronic Engineering from the University of Southampton, UK.

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