AI

Proceeds from the funding will be used to progress Insilico Medicine's current therapeutic programs into human clinical trials, initiate multiple new programs for novel and difficult targets, and further develop its AI and drug discovery capabilities, the company added. 

These are critical and challenging transformations that the world’s leading companies must embrace and implement. The mantra then is "Innovate or die."

The company provides a conversational AI platform that enables enterprises to automate some of their operational procedures, such as customer service and helpdesk.

A winner at the ORIGIN Innovation Awards 2020, SandStar's unmanned vending platform provides a dynamic recognition technology and advanced motion semantic recognition aimed at the retail industry.

Fresh capital will be used to expand in other Asia-Pacific countries such as Indonesia, Malaysia, India, and the Philippines and improve the platform to include new features based on accelerated demand driven by the pandemic. 

Given the accelerated demand for digital services including e-payments, digital fund transfers, e-commerce purchases, and customer engagement, it will be too burdensome for traditional or manual systems to manage. Thus, innovations in AI are also being tapped in order to optimize how digital transactions and engagements are carried out.

SoftBank Group, Japan’s second largest publicly traded company, filed in the United States to secure up to $604 million for a special purpose acquisition company (SPAC), a shell company established to merge with an operating company to enable the latter to become publicly listed without undergoing the lengthy traditional IPO process. 

What are some best practices for companies to overcome adversity as they seek to expand into China?