The artificial intelligence (AI) boom is driving up the cost of computers, servers, and memory chips, threatening to slow the Philippines' push to adopt AI as businesses face higher technology costs and delays in upgrading their IT infrastructure.
VST ECS president and CEO Jimmy Go and Cisco’s Herns Hermida are urging the passage of a data sovereignty law, saying it could attract global tech investments, create thousands of jobs, and drive the development of world-class data centers in the Philippines.
Companies that fail to invest in artificial intelligence (AI) today risk being left behind in the next five years, warned VST ECS president and CEO Jimmy Go at the start of the annual CXO Tech Summit at the Shangrila Boracay.
