The newly launched Artificial Intelligence (AI) Sandbox Pilot Programme is expected to create up to 900 AI startups and 13,000 new talents by 2026, according to Science, Technology, and Innovation Minister Chang Lih Kang.
The strategic collaboration between the ministry, the Higher Education Ministry, and NVIDIA aims to drive Malaysia's transition into a knowledge-based economy, fueled by AI innovation.
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The strategic collaboration between the ministry, the Higher Education Ministry, and NVIDIA aims to drive Malaysia's transition into a knowledge-based economy, fueled by AI innovation.
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NewsTranscript
00:00 The newly launched Artificial Intelligence Sandbox pilot program is expected to create
00:08 up to 900 AI startups and 13,000 new talents by 2026, according to Science, Technology
00:15 and Innovation Minister Chang Lee Kang.
00:18 The strategic collaboration between his ministry, the Higher Education Ministry and NVIDIA aims
00:23 to drive Malaysia's transition into a knowledge-based economy filled by AI innovation.
00:30 This initiative potentially stimulates up to 10% economic growth through the creation
00:36 of new industries, job opportunities and increased competitiveness in the global market.
00:43 This is a testament to our commitment to driving innovation in the international arena, perfectly
00:50 aligned with our national goal of incubating 100 AI companies to generate RM1 billion in
00:57 revenue by 2030.
00:59 Chang said this during the launch of the AI Sandbox pilot program at the Malaysian Research
01:04 Accelerator for Technology and Innovation Park on Thursday.
01:08 This collaboration not only provides new economic opportunities but also fosters entrepreneurship,
01:15 attracts foreign investment and creates high-value job opportunities in emerging AI-driven industries
01:23 in Malaysia.
01:24 At a press conference later, Higher Education Minister Dato' Sri Dr Zamri Abdulkadir said
01:29 that the government has a clear national AI policy and that the ministries will collaborate
01:34 to implement it.
01:36 We need also to develop the entire ecosystem as mentioned just now.
01:42 For example, we are going to start with a very important faculty of AI.
01:51 It's not only what we are talking here, it's not about one faculty, that will involve other
01:56 universities.
01:57 They will showcase their capabilities, their readiness, involving for now 20 IPTA, our
02:05 public university, and 20 private universities in Malaysia.
02:10 So with that combination of all of 40 universities in Malaysia, we will be able to produce results
02:17 and new course.
02:19 The first AI faculty at University Technology Malaysia will be launched by Prime Minister
02:24 Dato' Sri Anwar Ibrahim on May 10, and it is expected to begin its academic program
02:29 in October this year.
02:30 Thank you for your time.
02:31 Thank you.
02:32 Thank you.
02:32 Thank you.
02:37 [BLANK_AUDIO]