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MANILA, Philippines — Manila has laid out a $34.4-billion plan to catch up with more established Asian peers in attracting artificial intelligence (AI) infrastructure investments, betting largely on private capital to build the data centers and other facilities needed to seize opportunities from the global AI boom.

Under the Philippine AI Infrastructure Master Plan unveiled on Tuesday, the government aims to mobilize the investments through 2033, with $21 billion expected from the private sector and $13.5 billion from public spending.

READ: PH as AI hub? It’s possible with Pax Silica–DICT

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