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The Straits Times·Business

Sea misses earnings estimate as AI costs climb

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Sea misses earnings estimate as AI costs climb

Sea, the Singapore-based company behind Shopee, Garena and Monee, fell short of analysts’ earnings expectations as spending on artificial intelligence increased. The result highlights the growing cost of its technology push across its businesses overall.

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This card is an AI-assisted summary of reporting published by The Straits Times. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.