Prof M Nazri Muhd, Executive Chairman of Centre for AI Innovation (CEAI), Global (right) receiving the token of appreciation from Yang Berhormat Tuan Mohd Hairi Bin Mad Shah, Penegerusi, Jawatankuasa Belia dan Sukan, Pembangunan Usahawan dan Koperasi Negeri Johor (left).
CEAI Launches AI Empowerment Drive to Accelerate SME Growth, Leveraging MyFinB's Proprietary AI Technologies
Strategic partnership with Institut Dato Onn to support Johor’s GDP 2030 agenda; PUJB pilot deployment slated for 1H 2025
Kuala Lumpur, 8 May 2025 – The Centre for AI Innovation (CEAI) today announced a major initiative to equip Small and Medium-sized Enterprises (SMEs) with advanced artificial intelligence (AI) tools, enhancing productivity, decision-making, and operational efficiency across sectors. This initiative leverages the proprietary AI technologies of MyFinB. This program, a strategic partnership with Institut Dato Onn (IDO), supports IDO’s feasibility study to boost Johor’s GDP by 2030. CEAI’s AI solutions, powered by MyFinB, will modernize businesses and foster competitiveness in the digital economy.
“AI shouldn’t be exclusive to large enterprises,” said Prof. M. Nazri, Executive Chairman of CEAI. “We aim to make AI accessible for all SMEs, optimizing operations, enabling efficient scaling, and building resilience, thanks to our partnership with MyFinB.”
AI Solutions Addressing Key SME Challenges, Powered by MyFinB
CEAI’s AI solutions, utilizing MyFinB’s proprietary technologies, directly address critical challenges faced by SMEs:
Financial Management:
- Automated Onboarding & Compliance Verification
- AI-Powered Credit Scoring and Risk Assessment
- Predictive Analytics for Cash Flow and Profitability Forecasting
- Market-Trend-Informed Financial Solutions
Operational Advancements:
- Human Capital Management for Recruitment and Workforce Planning
- Supply Chain and Inventory Forecasting
- Sales & Marketing Analytics for Enhanced Customer Targeting & Optimization
- AI-Driven Market Analysis and Innovation Identification
PUJB: A Pilot Deployment Showcasing Scalability
Perbadanan Usahawan Johor Sdn. Bhd. (PUJB), coordinating over 63,000 SMEs and 49 related agencies, will pilot CEAI’s AI solutions, powered by MyFinB, in 1H 2025. This deployment will demonstrate AI’s scalability within SME ecosystems.
“The PUJB deployment will illuminate how AI, specifically MyFinB’s technology, can be rapidly adopted with the right strategies,” added Prof. Nazri. “This model will inform similar initiatives across diverse regions and sectors.”
Beyond Technology: A Holistic SME Empowerment Framework
CEAI’s initiative extends beyond technology:
- Capacity Building & Training for AI literacy and application
- Advisory Services for AI strategy and integration
- Best Practice Sharing for continuous learning and improvement
- Responsible AI Standards addressing data privacy, ethics, and regulatory compliance
“Our focus transcends technology; we’re building human capital, producing innovation, and preparing businesses for the future,” emphasized Prof. Nazri.
Media Contact:
Centre for AI Innovation (CEAI)
Email: rachel@ceaiglobal.com
Mobile: +60 111 7695 760
Website: https://ceaiglobal.com/
About Perbadanan Usahawan Johor Sdn. Bhd. (PUJB)
Perbadanan Usahawan Johor Sdn Bhd (PUJB) was established under the Companies Act 1965 on 5 December 1997 and was 100% owned by YPJ Corporation Sdn Bhd in 2001.
It is now 100% owned by Kumpulan Permodalan Darul Ta’zim since 2014 and has been operating for 25 years.
About Centre for AI Innovation (CEAI), Global
Centre for AI Innovation (CEAI) Global is a leading global company that was established in 2019 with dual-headquarters in Singapore and Malaysia. The company has established strategic partnerships with organizations in more than 20 countries worldwide. The purpose of CEAI Global is to promote inclusivity in knowledge, education, adoption, creation, venturing into AI investments and implementation of AI solutions.
The main goal of CEAI Global is to provide a platform for individuals and organizations to learn, engage and develop skills related to artificial intelligence (AI) and machine learning (ML). The company aims to target 95% of the workforce who are not skilled in AI and ML and non-technical personnel.
MyFinB Group
MyFinB is an award-winning tech company that specializes in artificial intelligence. The company developed its own natural language platform with predictive and prescriptive narrative capabilities – a niche area that differentiates itself from any others. MyFinB helps people understand and communicate what is most important in their data.
The meeting with Perbadanan Usahawan Johor Sdn Bhd (PUJB) that took place at Institut Dato’ Onn (IDO) together with IDO Research Centre Team.
Prof M Nazri Muhd, Executive Chairman of Centre for AI Innovation (CEAI), Global (right) poses with Tn Azizi Noor Fizi Bin Jamion, Ketua Jabatan, Jabatan Pembangunan Usahawan.
Prof M Nazri posing in front of PUJB’s centre to be converted into an AI Lab to support SMEs and Businesses using AI.
The first meeting presentation to Yang Berhormat Tuan Mohd Hairi Bin Mad Shah, Penegerusi, Jawatankuasa Belia dan Sukan, Pembangunan Usahawan dan Koperasi Negeri Johor and his PUJB team.