President Ferdinand Marcos Jr. has ordered the rollout of an investment package designed to transform the Philippines into a premier AI hub, as reported by YugaTech.
The initiative aims to accelerate the country's adoption of artificial intelligence technologies, with the government providing incentives and infrastructure support to attract both local and foreign investments. The move is part of a broader strategy to position the Philippines as a competitive player in the global AI landscape.
Industry stakeholders have welcomed the announcement, noting that the investment package could help address the country's digital skills gap and create new job opportunities. The government is expected to release further details on the specific incentives and timelines in the coming weeks.