News
East Ventures unveils IndoBuild AI, a platform for AI innovators to learn, collaborate, and solve real-world challenges in Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, today announced the launch of IndoBuild AI, a dynamic platform for AI (artificial intelligence) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia. This initiative brings together AI talents and tech ecosystem players to explore new untapped opportunities and accelerate AI adoption in Indonesia.
Artificial Intelligence in Indonesia: The current state and its opportunities
Most of the breakthroughs in artificial intelligence (AI) development are already happening in many countries, and in Indonesia, these innovations are also on the rise. With a young, tech-savvy population and favorable macroeconomic trends, Indonesian companies are starting to adopt and advance on AI's vast opportunities. Local and international investors are also eyeing AI's potential for Southeast Asia's largest economy.
Fore Coffee: Reshaping Indonesia’s new coffee culture
The food and beverage (F&B) coffee industry in Indonesia has experienced significant growth in the last decade. This is apparent as more coffee shops and brands are emerging amidst intense competition, supported by the skyrocketing coffee consumption by Indonesians of various ages—which is projected to increase this year, reaching nearly five million bags from 3.5 million in 2018.