KUALA LUMPUR, September 15 – The Malaysia Digital Economy Corporation (MDEC) has successfully integrated 140 local artificial intelligence (AI) firms into its growing digital ecosystem, generating RM1 billion in revenue through various initiatives. The announcement was made at the Malaysia Digital Tech Adoption Summit: AI, where Digital Minister Gobind Singh Deo highlighted the significant role AI plays in Malaysia’s economic transformation.
MDEC’s head of digital industry acceleration, Wan Murdani Wan Mohamad, stated that the AI ecosystem spans multiple sectors, including services, finance, and agriculture tech. The summit also emphasized the importance of cross-industry collaboration, in line with the Malaysia Digital Economy Blueprint, as AI is expected to boost productivity by 30% through its integration in the Fourth Industrial Revolution (4IR).
