Gulf Edge partners with Kore.ai to boost AI adoption in Thailand across key sectors.
Gulf Edge, the digital arm of Thailand's Gulf Development, has announced a partnership with Kore.ai to foster the use of artificial intelligence throughout Thailand. This collaboration is poised to facilitate the development of AI solutions specifically designed for various critical sectors within the nation.
The initiative will focus on sectors such as:
- telecommunications
- banking
- insurance
- healthcare
- government
Through this partnership, the companies aim to improve customer experiences, streamline operations, and promote the scaling of innovative technologies across enterprises.
“We are laying the foundation for an AI future in Southeast Asia, starting with Thailand. Our partnership with Kore.ai connects our infrastructure and expertise with their enterprise platform to accelerate the real implementation of artificial intelligence,” stated Sarat Ratanawadi, CEO of Gulf Development.
Industry experts note that Thailand is rapidly becoming a significant player in the AI landscape, with projections indicating the market could reach $3.5 billion by 2030, growing at an annual rate of 28%. This growth is supported by increased adoption of AI technologies by businesses and substantial investments in AI infrastructure from both government and private sectors.
In a related development, Microsoft has recently pledged $1 billion toward enhancing cloud infrastructure and AI capabilities in Thailand, which includes the establishment of new data centers. Furthermore, Thai authorities are expected to introduce AI regulations by June 2025, aimed at maintaining the country's competitive edge in AI advancements.