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Hello reader,
Some projections have total global AI investment topping US$1 trillion this year. That’s a hell of a lot of tokens.
So who are the Asian investors splashing the cash?
Look no further than today’s top story for the answer. This list ranks Asia’s investors based on how many deals they’ve made in the past 24 months.
Unsurprisingly, China-linked investors are some of the biggest backers of AI in the region, with Hong Kong-based HongShan topping the list with 31 deals. There are four other Chinese investment firms in the top 10.
Also today, we put the spotlight on the latest development in Indonesia’s Chromebook procurement corruption case and debut our new interview series, The Backstory.
Peter Cowan, engagement editor
Top Story
These are Asia’s most active investors in AI
Image credit: Timmy Loen
The most active Southeast Asian investor in AI is Antler, with 21 deals from the Singapore-based firm over the past 24 months.
Meanwhile, Peak XV leads the way for Indian investors, with 18 deals over the same period. This includes its continued investment in Sarvam, one of India’s leading lights in homegrown AI.
Spotlight
Chromebook corruption case rumbles on
The Backstory
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