Jakarta. Global tech firm SenseTime recently launched a new international innovation hub for artificial intelligence, or AI, at its Singapore headquarters, aimed to bolster Southeast Asia's AI ecosystem.
"The AI Innovation Hub serves as a platform to showcase how our AI technologies can make a difference across various use cases in the industry. [The hub] features use cases unique to Southeast Asia’s landscape and market demands,” SenseTime chief executive officer Xu Li told the hub’s virtual launch on Monday.
Xu claimed SenseTime's AI Hub is the first of its kind in the region.
"AI empowers reality. AI empowers the future," he said.
Also at the conference, SenseTime International inked an MoU with Business China to further support the existing Youth Interns Exchange Scheme (YES). YES enables Singaporean students to embark on an internship program in China and vice versa. The signed MoU encompasses equipping Singaporean YES students and their Chinese counterparts with early hands-on experience in AI technologies.
SenseTime International also penned an MoU with Singapore’s Institute of Technical Education (ITE), in a bid to pave the way for a future-ready workforce. Both parties agree to jointly develop computer vision and smart city competencies for ITE students and teaching staffs.
“With this starting point, we are confident to extend this effort to strengthen Southeast Asia’s current and future workforce. Our level of partners and clients in the region continue to grow,” Martin Huang, the managing director at SenseTime International, said.
A recent study by global consulting firm Kearney showed AI development could deliver $1 trillion of additional GDP to Southeast Asia by 2030. AI's economic impact to Indonesia's GDP could also reach about $366 billion by 2030, according to Kearney. AI adoption in the Southeast Asia region, however, is still in the early stage.
"All stakeholders—governments, businesses, AI solution providers, investors, and academia—will need to work in tandem with a common focus on driving the business and social impact," Kearney wrote.