Speaker: Elaine Wu, Vice President of Alibaba Cloud Intelligence International, Marketing and Strategic DevelopmentModerated by: Joseph Ng, Investment Strategist, Bank of SingaporeSince 2022, the rise of Artificial Intelligence (AI) has been a standout trend, with global core IT spending in this area projected to hit an estimated USD143 billion by 2027.  This extraordinary surge in interest and investment is unlocking possibilities across interconnected trends such as robotics and immersive reality. Beyond processors tailored for edge computing and Internet of Things devices, GenAI could create USD60 to 110 billion a year in economic value for the pharmaceutical and medical products industries ahead. What is the new frontier for AI opportunities in US and Asia?Note: The Bank is not responsible for the accuracy or completeness of the information provided by any external presenters which may change without prior notice. The external presenters may hold views which are not representative of the views of the Bank, and such views may have been derived without discussion, consultation or agreement with the Bank. You will need to decide as to whether or not the contents are suitable for you. When you are in doubt, please seek your own independent financial, legal, tax or other advice as you deem fit. Neither the Bank nor any of its officers accept any liability for any loss whatsoever arising out of or in connection with your use of the information in the presentation.

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