Huawei considers Asia-Pacific as potential market for AI: Report

Huawei is constantly exploring regions to expand its AI platform and the Asia-Pacific market seems a great help in this segment. The tech giant sees the respective market as a huge ground to develop and launch comprehensive AI solutions.

According to a report, Huawei Cloud is looking at Asia-Pacific as a vast and potential market for its AI solutions. Regardless of the U.S. ban and trade restrictions, the company increased its AI services by 20 times in the region in past four years.

The President of Global Marketing and Services at the Huawei Cloud Unit, Jacqueline Shi attended a media interaction in Bangkok on Thursday. She said that the company will always be a major contributor to AI solutions in the Asia-Pacific market.

“For the (company’s) next step in the region, we will continue to provide comprehensive AI solutions,” said Jacqueline Shi.

With AI solutions, Huawei refers to Ascend Cloud Services, self-developed LLMs, generative AI, Pangu tech, the one-stop AI development platform ModelArts, and more.

The latest report implies that Huawei aims to branch its revenue stream worldwide. It further reflects that the company looks to chase more global customers. This will eventually help the firm to catch up with its opponents in the advanced AI era.

Huawei considers Asia-Pacific as potential market for AI: Report (Image Credits: Huawei)

Huawei also expects that its AI expansion plan will help it fulfill the rising demand for GenAI services for various industries. Another benefit is that the Asia-Pacific region acts as one of the biggest markets for Huawei in cloud computing services.

It has been the first stage for “serverless database” solutions before a global release. Huawei has recently launched an Arabic-language model in Egypt. The company also unveiled a data center in Riyadh, Saudi Arabia, last year for cloud services.

As of now, the tech giant has partnered with weather forecasters in Thailand. It will also deliver the Pangu LLM to improve efficiency and contribute to cost reduction in the country. It’s just the beginning and the company may soon launch more AI products to the region.

|| Source – SCMP ||