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  "text": "McKinsey highlights Southeast Asia (SEA) is a global AI leader where 46% of companies have AI at scale compared to 35% globally, fueled by billions invested by Chinese and US tech giants.\n\nWhat McKinsey dares not address is that SEA is profiting from its position as an AI battleground between the US and China.\n\nWith Chinese and American tech companies locked in cut-throat competition, SEA is able to play the providers off of one another.\n\nIndonesia and Malaysia are great examples of nations where the competition is particularly fierce, with Alibaba, Tencent, Microsoft, and Google all investing billion-dollar sums in data centers.\n\nAnother point that McKinsey misses is that the region’s young connected population largely takes China’s tech for its inspiration.\n\nWith ubiquitous QR payments and superapps, what is successful in China will likely work in SEA.\n\nThis doesn’t ensure Chinese AI and cloud providers will come out on top, given the popularity of Facebook and YouTube.\n\nThat said, when combined with China’s open-source AI ecosystem, China’s AI and cloud providers are more competitive than most give them credit for.\n\nKudos to SEA for turning the superpower competition into a massive local advantage! \n\n#fintech #tech #finserv #AI\n@BetaMoroney\n@efipm @BrettKing\n@spirosmargaris\n@jasuja\n@enricomolinari\n@mikeflache\n#China #techwar #chips #tech\n@baoshaoshan\n@thecyrusjanssen\n@DOualaalou\n@lajohnstondr\n@PSTAsiatech\n\nhttps://t.co/f9Pus9zcMV",
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