MAS commits up to $74.33M to support quantum and artificial intelligence capabilities in the financial sector
The Monetary Authority of Singapore (MAS) has announced that it will commit an additional SGD 100 million ($74.33 million) under the Financial Sector Technology and Innovation…
Zyp Technologies launches EVs with battery swap stations in Pakistan with $1.5M investment led by Shorooq Partners
Zyp Technologies, a Pakistani electric vehicles startup, has raised $1.5 million in Series Pre-A funding led by Shorooq Partners to enable a city-wide launch of Zyp’s electric…
PayNet launches next-generation cloud skills programme to bridge Malaysia’s digital talent gap in the financial services industry
Malaysian Central Bank-owned Payments Network Malaysia (PayNet) has on Monday launched Program Akar, a new program designed to address the urgent need for digitally skilled…
JIA Asset Management joins Vynn Capital Progression Fund as limited partner
JIA Asset Management Sdn Bhd has announced on Tuesday its strategic collaboration with Vynn Capital by participating as a limited partner in the Vynn Capital Progression Fund,…
China listed AI firm iFLYTEK to invest $51.23M in Hong Kong
China-listed artificial intelligence company iFLYTEK plans to HK$400 million ($51.23 million) in Hong Kong over the next five years.
Equinix expands to the Philippines with acquisition of three data centers
United States data center firm Equinix has announced its planned entry into the Philippines with the acquisition of three data centers from Total Information Management (TIM), a…
Organizations report a four-fold increase in the deployment of generative AI since 2023
Organizations report a four-fold increase in the deployment of generative artificial intelligence (GenAI) since 2023, according to the Capgemini Research Institute’s latest report…
Ethical considerations when using customer data
Data protection goes beyond compliance — companies have a responsibility to individuals to use their information responsibly and avoid a breach. Prioritizing transparency, data…
IFC provides $250M loan to Ayala Land to boost green buildings in the Philippines
The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to PHP 14.5 billion ($250 million) in the form of a sustainability-linked loan (SLL)…
Singapore’s CHITOSE Group raises $6.2M from Japan’s SMBC
Singapore-based biotech firm Chitose Bio Evolution Pte. Ltd. has announced the issuance of new shares of JPY 1 billion ($6.2 million) through a third-party allotment to Sumitomo…
TAU Intelligence partners Jardine Matheson, Intel to launch resource-efficient AI solutions
Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based…
Malaysia welcomes its second unicorn, NASDAQ-bound biotech firm ALPS Global Holdings Bhd
Alps is a fully-integrated biotechnology research, medical and wellness company dedicated to the development of personalised medicine using cutting-edge technologies such as…
Capital A chief Fernandes demands answers from Microsoft with airlines losing ‘millions’ in global IT outage
The global tech glitch affected flights, banking and company operations in Malaysia, Hong Kong, Singapore, the United States, the United Kingdom, India and Australia, according to…
Techsauce Global Summit 2024 Returns to Unveil the Future AI
This year, the Summit returns with the theme ‘The World of Tomorrow With AI,’ offering comprehensive insights into the key aspects of an AI-driven world.
