IN the first half of 2024, Southeast Asia (SEA) attracted over $30 billion in artificial intelligence (AI) infrastructure investments, according to the 2024 e-Conomy SEA Report from Google, Temasek and Bain & Company. The ERIA One Asean Startup Whitepaper highlights over $50 billion invested in AI by tech giants, including Microsoft, Google and Amazon, since January 2023.
The influx of investments reflects the growing recognition of Southeast Asia as a burgeoning hub for AI innovation — a shift that could drive the region's economy forward. The Association of Southeast Asian Nations (Asean) has projected that AI could boost the region's gross domestic product by 10 to 18, potentially adding $1 trillion by 2030.
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