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Adobe report finds Singapore firms lagging behind generative AI adoption

Adobe report finds Singapore firms lagging behind generative AI adoption. Brands in Singapore are prioritizing customer experiences to drive growth, but are challenged by reduced budgets.

Hong Kong Web3 fund CMCC Global launches $100M in first close

CMCC Global, a Hong Kong based Web3 and blockchain fintech fund, has launched a $100 million new venture capital fund that will empower entrepreneurs in Hong Kong and beyond to build innovative Web3 companies.

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The vital role of direct communication in AI-powered recruitment

While #AI-based #recruitment brings about a host of benefits to both job hunters and recruiters, as with any tool, it is a double-edged sword. It takes a keen understanding and experience to use AI tools to use it to its full potential. AI is certainly impressive and helpful, but it is not a panacea, at least not yet. This technology is still relatively new…

Alibaba Cloud partners SAINS to offer private cloud program in Malaysia

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has on Wednesday announced its collaboration with Sarawak Information Systems (SAINS), a information and communications technology (ICT) systems integrator and solutions provider fully owned by Sarawak state government.

Singapore’s HeLa Labs launches stablecoin-powered layer one blockchain network

HeLa Labs, a Singapore-based hi-tech company, has on Tuesday announced the official launch of a next-generation layer one blockchain network with privacy-preserving and consensus protocols for real-world adoption.

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SoftBank to expand global IoT business in Asia-Pacific region

SoftBank Corp. (SoftBank) has on Wednesday announced that from October 2023, it will launch a full-fledged expansion of its global internet of things (IoT) business in the Asia-Pacific (APAC) region.

Japan and India launch $588M fund to back sustainability projects

The Japan Bank for International Cooperation (JBIC) and the National Investment and Infrastructure Fund Limited (NIIFL) have on Wednesday launched a $588 million fund to to invest in sustainability projects.

Japanese AI semiconductor firm EdgeCortix closes $20M in additional funding round

EdgeCortix Inc., a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company, has announced the closing of a $20 million funding round. The funding was led by Japan’s venture capital (VC) firm SBI Investment Co. Ltd. and Global Hands-On VC (GHOVC), a Japan-United States collaboration-focused venture capital with a…

Battery electric vehicles is clear winner when trying to reduce emissions, says Rystad Energy

Battery electric vehicles (BEV) are the clear winner when trying to reduce emissions in the transportation sector, according to Rystad Energy research. Despite incurring higher emissions in the manufacturing process of electric vehicles and an enduring reliance on fossil fuel power generation in many countries, it said the positive environmental impact of…

BMI sees Malaysia’s electric vehicle sales to quadruple in 2023

BMI, a FitchSolutions firm, has projected that Malaysia's total electric vehicle (EV) sales to quadruple in 2023, although the country’s EV penetration rate (EV sales as percent of total vehicle sales) will stay at just 1.8 percent. BMI estimates demand for EVs in Malaysia to far outstrip that of internal combustion engine cars within the 2023-2032…