Northstar looking at synergies between portfolio companies, sees promise in AI

Southeast Asian private equity major Northstar Group has been known for investing in traditional and tech-enabled sectors like financial services, digital economy and consumer sectors, but it continues to keep an eye out for opportunities leveraging cutting-edge technology like artificial intelligence (AI) and ChatGPT.

AI took the world by storm late last year after the US non-profit organisation OpenAI launched AI-powered chatbot ChatGPT in November. OpenAI’s open-source code meant that engineers around the world could tap ChatGPT to build new solutions ranging from brand design to fintech.

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