Sapience AI Targets European AI Compute Market with New Funding


Sapience AI Targets European AI Compute Market with New Funding

📅 - Society Pass is making a strategic move into the fast-growing artificial intelligence infrastructure market as global demand for AI computing accelerates. The Nasdaq-listed company, which operates a digital consumer ecosystem across Southeast Asia, announced this week that it has completed a US$8.8 million minority investment in Slovakia-based Sapience AI, an emerging AI data center startup focused on high-performance GPU cloud services.

The investment comes amid projections from Markets and Markets that the global AI market will expand from an estimated US$371 billion in 2025 to US$2.4 trillion by 2032, driven by a compound annual growth rate of more than 30 percent.

The investment was [...][... Check source for end of article ...]
Tags: AI

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