Even as the COVID-19 pandemic has sparked demand for technology solutions, the artificial intelligence space in Southeast Asia could experience curtailed growth as a result of cautious investor sentiment, and redirection of public funds towards fighting the virus outbreak.
“We think the COVID-19 outbreak may weigh on regional AI growth negatively. Governments may look to repurpose funds originally earmarked for tech development into other more urgent needs, namely stimulus measures,” Fitch Solutions ICT analyst Kenny Liew told DealStreetAsia.
