The Global South is Set to Attract a Huge Wave of AI Innovation
AI funding is set to shift toward emerging markets, according to a new Future Investment Initiative (FII) Institute and Accenture study. The study indicates that nine out of ten investors plan to direct capital into AI ventures across Southeast Asia, the Middle East, and India. For years, most AI investment has concentrated in Europe and the U.S., home to major players such as OpenAI and Google. Now, momentum appears to be moving southward. The report, unveiled at the FII9 conference in Riyadh, reveals that 87% of surveyed investors intend to boost AI-related funding in developing regions over the next one…