According to a report by Moody’s Analytics, developed and emerging economies in east and southeast Asia are becoming major targets for artificial intelligence (AI) investments, with India, Singapore, and Malaysia quickly establishing themselves as preferred destinations for data centre projects and chip manufacturing.
The report noted that, despite a global slowdown in cross-border investment and increasing fragmentation in international trade, AI-related spending continues to grow strongly.
The report also highlighted that the United States’ share of outbound AI investment exceeds its inbound share, indicating that American tech firms are expanding their presence globally.
It further added that India’s expanding economy and rich pool of digital talent make it a particularly attractive location for data centre operators and chip manufacturing initiatives.
