Market Chatter: Sea Ltd. Establishes Team to Expedite AI Investment Plans

MT Newswires06-01 12:49

Sea Ltd. has established a dedicated team to look out for new AI investments as part of the company's strategy to diversify beyond e-commerce, Bloomberg News reported on Friday, citing people familiar with the matter.

The team will report to the company's executive, Endong Zhang, the report said, citing the people. It will focus on potential investments in startups from across the globe, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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