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A recent IDC survey reveals that countries in the Asia-Pacific region are still in the mid-stages of AI maturity despite growing adoption. Singapore stands out as the only economy to reach the 'AI Leader' stage due to its thriving AI startup scene and government investments. The region is expected to see significant AI spending growth, but regulatory differences pose challenges for implementation.
Enterprises in the Asia-Pacific region are optimistic about AI's transformative power, expecting improvements in productivity, cost reduction, and data-driven insights. AI use cases are expanding, with generative AI and edge computing gaining traction. Singapore's AI prowess is attributed to its digitally sophisticated enterprises and proactive government initiatives.
The Straits Times 12month
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