Author: Yimie Yong

Calls to pause development of AI ‘more powerful than GPT-4’ won’t solve the challenges ahead, says Bill Gates

The technologist-turned-philanthropist also said in the Reuters' interview the details of any pause would be complicated to enforce.

Kairous Capital to establish Malaysia-China Digital Cooperation Council & development fund to invest in tech sector in both countries

MCDCC also announced the establishment of the Malaysia-China Digital Cooperation & Development Fund to invest up to MYR1 billion ($226.28 million) in digital technology sectors, including digital applications, industrial big data, advanced manufacturing technology, industrial technology, and other sectors in Malaysia and China.

Indonesia cuts VAT on electric vehicles drastically to 1% – report

The incentive came into effect this month and will remain in place until the end of the year, the Coordinating Ministry of Maritime and Investment Affairs said in a statement.

Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says

Other MOUs sealed were between Digital Way Group Sdn Bhd, China Silk Road Group Ltd and China Kairous Capital to jointly establish a Malaysia-China digital and development fund in China and Malaysia.

Hong Kong Web3 Festival 2023 to take place on April 12-15

Co-hosted by Wanxiang Blockchain Labs and HashKey Group, and organized by W3ME, the Hong Kong Web3 Festival 2023 will take place from April 12 to 15.

Malaysia, Singapore announces cross-border QR code payment linkage

This cross-border QR code payment linkage is made possible through the strong collaboration of various industry players from both countries, including Payments Network Malaysia Sdn. Bhd. (PayNet), Network for Electronic Transfers (Singapore) Pte. Ltd (NETS), the Association of Banks in Singapore, and participating financial institutions from both countries.

Elon Musk, tech experts call for ‘pause’ on advanced AI systems

The open letter came as tech giants and AI startups are rushing to develop better and more powerful AI systems to rival ChatGPT, the artificial intelligence chatbot developed by AI startup OpenAI which has gained popularity almost instantly.

Apple launches ‘Buy Now, Pay Later’ service in US

Apple's launch of BNPL service came at a time when some see the hype around BNPL is fading. During or even before the pandemic, BNPL has seen strong growth in Europe, United States, Australia and Southeast Asia, although it is starting to stir concerns among regulators that it could cause youngsters, who are often seen as financially naive, to overspend and…

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.