Yimie Yong

The surge in electricity demand is outrunning the available power supply in many parts of the world, leading to growing concerns of outages and price increases for the most data center dense regions, Bloomberg reported.

Malaysia offers vast land areas which are affordable, plenty of power and water resources, as well as greater connectivity for data center operation.

Vietnam’s government said last year that SpaceX was interested in providing the country with its low-Earth orbit satellite service.

Alipay+ will be accepted at more than 25,000 local merchants, allowing travellers from 10 countries and regions to enjoy a convenient and cashless experience as they travel across Nepal simply by scanning the MOCO Unified QR Code.

In addition to the need for more data centers, the AI-driven surge in demand for graphics processing units (GPUs) could increase total demand for certain upstream components by 30 percent or more by 2026, Bain predicted.

A key focus of the collaboration is the launch of Dira, GoTo’s AI-based voice assistant that leverages Google Cloud gen AI technologies, on the GoPay app.

This joint solution provides a dual-mode approach to banking infrastructure modernisation, designed to seamlessly coexist alongside the existing infrastructure of incumbent financial institutions.

Aptos Foundation will be providing resources and support for AI startups in the accelerator, opening doors to emerging technologies and providing them with access to global markets.

The financing will accelerate Blackpanda's expansion across Asia.

The round was led by Indus Valley Capital, with participation from Gobi Partners.