Yimie Yong

Alibaba to host conference call on Thursday to discuss split plans – report

It was reported that Alibaba intends to split its operations into six standalone units, each managed by a different chief executive.

True Digital Park’s Startup Booster Program aims to have 100 qualified startups come through its program [Q&A]

Currently there are around 1,000 Thai startups with the VC landscape in Thailand being dominated by corporate venture capitals (CVCs). Surprisingly during the height of the covid-19 pandemic three unicorn startups have emerged from Thailand being Bitkub, Ascend and Flash Express.

Malaysia to launch initiative to put innovation into mainstream of digital economy – report

Rafizi said on Wednesday the initiative had been carried out with the cooperation between his ministry and the Ministry of Science, Technology and Innovation since two months ago.

Petronas plans to expand corporate venture capital arm with up to $200M – report

Malaysia's government has been wanting to boost and support the local startup ecosystem with various initiatives and policies. On Thursday, Malaysia’s sovereign fund Khazanah Nasional Berhad announced the launch of the Future Malaysia Program to support the local start-up ecosystem of entrepreneurs, start-ups, venture capital, and corporate venture programs…

B Capital’s inaugural healthcare fund to invest in digital health, HealthTech, MedTech & Biotech, says General Partner [Q&A]

B Capital has closed its inaugural B Capital Healthcare Fund I at $500 million earlier of the month.

Microsoft-backed OpenAI announces ChatGPT successor GPT-4 that accepts image, text inputs

It is worth noting that GPT-4 can accept a prompt of text and images, which—parallel to the text-only setting—lets the user specify any vision or language task.

Facebook-parent Meta to cut 10,000 jobs in second round of layoffs

Meta owns social media platforms including Facebook, Instagram and WhatsApp.

Alphabet-backed Anthropic launches ChatGPT competitor named Claude

According to Anthropic, Claude is a next-generation AI assistant based on Anthropic’s research into training helpful, honest, and harmless AI systems. Accessible through chat interface and API in its developer console, Claude is capable of a wide variety of conversational and text processing tasks while maintaining a high degree of reliability and…

Richard Li’s FWD filing HK IPO application again – report

According to the report, the IPO, whose proceeds will be used to fuel the firm’s growth, could come as soon as in the second quarter depending on market conditions.

Third edition of ‘Singapore 100 Women in Tech’ list continues to celebrate women’s success in tech sector [Q&A]

In the interview, Tan also shared how can gender equality bring about a more inspired, productive, and innovative workforce. She also explained the reasons why SCS and the Infocomm Media Development Authority (IMDA) would want to promote gender diversity and build a more inclusive and equal society.