The government has been called to position local companies as the main drivers in enhancing artificial intelligence -based solutions through Budget 2025, said Malaysia Internet of Things Association deputy president, Datuk P. Sri Ganes.
Sri Ganes added that Malaysia should not try to reinvent the wheel when it comes to AI success, as seen in developed countries, but rather should focus on strategic collaborations with tech giants like Google, Microsoft and NVIDIA Corporation. “Local companies are more aware of the problems and challenges faced by the community and industries here. Through this collaboration, the AI solutions developed will not only be more practical but also have a greater economic impact on the country,” he explained.
“Just look at Singapore, which has allocated over US$500 million through the AI Singapore initiative, and India, which trains over 10,000 AI graduates annually through collaborations between the government and the private sector. Malaysia cannot afford to lag behind,” he added.