PT GoTo Gojek Tokopedia Tbk (GOTO) experienced a notable rise in its stock value on November 19, 2024, following the launch of its groundbreaking artificial intelligence platform, Sahabat-AI, developed in collaboration with PT Indosat Tbk (ISAT). GOTO shares surged by 4.41%, reaching Rp 71 in early trading, while ISAT stock saw a 7.14% increase to Rp 2,400. The upward movement reflects market optimism about the collaboration's potential to accelerate Indonesia’s digital transformation.

The Sahabat-AI initiative was unveiled at Indonesia AI Day 2024, an event highlighting innovative advancements aimed at realizing Indonesia's Golden Vision 2045. With its foundation on an open-source large language model (LLM), Sahabat-AI is designed to meet the specific cultural and linguistic needs of Indonesia, bridging the gap left by global AI platforms. By leveraging GPU Merdeka and support from top universities, the platform promises to revolutionize how businesses and individuals engage with technology.

GoTo's CEO, Patrick Walujo, emphasized the project’s importance in enhancing business-to-customer communication, particularly for enterprises looking to deepen local market engagement. The platform's ability to integrate Bahasa Indonesia and regional languages positions it as a critical tool for inclusive innovation, resonating well with investors.

The launch of Sahabat-AI reflects a broader trend of collaboration between local and international tech leaders, such as NVIDIA and Tech Mahindra. Jensen Huang, CEO of NVIDIA, noted that the project showcases how cultural contexts can drive AI innovation. As a result, both GOTO and ISAT stocks gained significant attention, signaling investor confidence in the long-term benefits of this initiative.

This surge in GOTO’s stock demonstrates the market's recognition of its commitment to advancing Indonesia’s AI capabilities. Analysts expect further gains as the project matures, delivering impactful solutions across sectors and contributing to Indonesia’s economic and technological leadership in Southeast Asia.

INVESTOR.ID