Singapore's Sea targets AI boom with asset-light cloud services push

What happened: Singapore-based Sea announced plans to enter the cloud services business, aiming to tap demand fueled by artificial intelligence while taking a cautious approach to investment. Why it matters: The company is avoiding heavy infrastructure spending as it explores the move, and it said it has spent the past two years applying AI across its businesses.

Singapore-based Sea announced plans to enter the cloud services business, aiming to tap demand fueled by artificial intelligence while taking a cautious approach to investment.

The company is avoiding heavy infrastructure spending as it explores the move, and it said it has spent the past two years applying AI across its businesses.