Russia's Yandex intends to invest in Indonesia's AI, minister says

Internet group's plans come after Microsoft and Nvidia raise investment in archipelago

20241108 Yandex logo, Russia

Russia's Yandex plans to widen its search engine platform in Indonesia, according to a statement. © Reuters

JAKARTA (Reuters) -- Russian internet group Yandex plans to invest in Indonesia's artificial intelligence ecosystem, the Southeast Asian country's communications and digital minister said.

Meutya Hafid, Indonesia's communications minister, met Alexander Popovskiy, head of Yandex's international search division, on Thursday and said the company expressed its plan to "widen the search engine platform in Indonesia," according to a statement distributed by the ministry on Friday.

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