KUALA LUMPUR: G3 Global Bhd remains committed to the vision of the memorandum of understanding (MoU) with SenseTime Group Ltd and China Harbour Engineering Company Ltd (CHEC) for the development of an AI Park.
The MoU, which was signed on April 26, 2019 expired on April 25, 2022.
“G3 will continue to focus on its AI and other IT-based solutions to grow the business. The parties to the MoU noted that the landscape for the development of the originally anticipated AI Park has changed and that the project may have to take on a new form,” managing director Dirk Quinten said in a statement.
“G3, as well as SenseTime and CHEC, remain keen to work together on large-scale AI & IT projects that are sustainable over the longer term.
“We have been exploring and discussing concepts that leverage on each
other’s strengths and expertise, whilst considering Malaysia’s AI roadmap and strategic position at the same time,” he added.