AI Helps Businesses Grow

Experts talked about AI in a meeting. They said governments, tech companies, banks, and businesses must work together to help AI grow in ASEAN. They want to build the right infrastructure for AI.

Leong said businesses should see AI as a way to grow, not just a tech story.

Many ASEAN companies use AI to improve work and save time. But AI can also help companies make more money by being innovative and personal.

Leong said many companies have tried AI, but they struggle to use it on a big scale and see real results.

To use AI well, companies need clear plans, good data, skilled workers, and a way to fit AI into their work.

AI is changing the role of banks as more people invest in AI.

Leong said people need money to invest in many areas, like computer parts, energy, and data centers.

He said AI creates demand, and that demand needs money.

Big AI projects need a lot of money, so banks help connect companies with investors. Banks are like bridges between companies and money.

No single bank can do this alone.

UOB helps clients with AI by giving them money for computer equipment and advising them on investments.

Kain said AI is a big change, not just a new software.

He said AI helps make new products faster and cheaper. This is happening in many areas like finance and healthcare.

Experts talked about AI in a meeting.

As AI grows, digital infrastructure will be very important for ASEAN.

Leong said AI infrastructure is not just data centers, but also power, networks, and computers.

Kain said AWS will spend $33 billion on cloud infrastructure in ASEAN by 2039. This will help the economy and create jobs.

Energy is a big challenge for ASEAN's AI plans. Kain and Leong talked about the need for reliable and renewable power.

Trust and governance are important for AI. Companies need to protect data and follow rules.

The speakers said AI will not replace workers, but will help them and create new jobs. AI is already creating demand in many industries.

To use AI well, companies need to invest in people and tech. Kain said AWS has trained many people in ASEAN in cloud and digital skills.

Leong said the next phase of AI will be about growth, not just saving time. Companies need to find ways to use AI to make more money and innovate.

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