Smaller, family-run businesses in mainland China are embracing advanced artificial intelligence (AI) more readily than large enterprises, while market agility and steady power supplies will determine the winners of the global AI race, industry leaders have said at a forum in Indonesia. Panel speakers at the inaugural Nusa Dua Forum in Bali, organised on Friday by the South China Morning Post and Indonesian sovereign wealth fund Danantara Indonesia, discussed their views on the AI economy and the...
A long-discussed plan for an Asean power grid is gaining steam, according to investors and Indonesian policymakers gathered in Bali, as surging demand from AI and data centres, as well as the region’s energy transition, fuels optimism over the initiative. On Friday, representatives from sovereign wealth funds, institutional capital and family principals converged on the St Regis Bali Resort for the Nusa Dua Forum, organised by the South China Morning Post with Danantara Indonesia as partner. The...