AI

Alibaba Cloud open sources Tongyi Qianwen with 7 billion parameter model

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest contribution to the open-source community by open-sourcing its 7-billion-parameter Large Language Models (LLM), Qwen-7B and Qwen-7B-Chat, through its artificial intelligence (AI) model community ModelScope, and the collaborative AI platform Hugging…

robot playing piano

Insignia AI Notes #3: The Generative AI flywheel in Southeast Asia and clues on what will determine market makers and leaders

Despite its complexity, the #GenAI sector in #SoutheastAsia is teeming with opportunities. With each addressed challenge, another piece of the puzzle falls into place, painting a vivid picture of a promising #AI future, writes Insignia Ventures' Paolo Joquiño.

Philippine construction expert launches ‘Homeqube’ blockchain and AI-powered homebuilding platform

Philippine construction firm Multi-Development and Construction Corporation (MDCC) Former Chief Executive Officer Jose Paolo Calma has launched Homeqube, a blockchain and artificial intelligence (AI)-powered homebuilding platform that enables users to design their dream homes through its built-in network of architects, engineers, contractors, suppliers, and…

This Singapore-based insurtech firm offers unique microinsurance for ‘underserved’ groups including farmers, gamers & even your pets [Q&A]

In the interview, Mehta also shared about Igloo's plans and strategy after the fundraise last year. He also shared his views about the insurance industry in Southeast Asia, the challenges Igloo faces expanding in the region and the company plans to address these challenges, among others.

73 percent of consumers globally say they trust content created by generative AI, says study

A new study from the Capgemini Research Institute finds that consumers trust generative artificial intelligence (AI) to assist with financial planning, medical diagnosis, and relationship advice, as 73 percent of consumers globally say they trust content created by generative AI.

Singaporean government partners Google Cloud to launch AI Trailblazers to accelerate generative AI development

Singaporean government has partnered Google Cloud to launch “AI Trailblazers", which is designed to help organizations in Singapore identify real-world challenges that can be addressed with generative artificial intelligence (AI), build generative AI solution prototypes, and bring these prototypes to production.

Mimin: Transforming chat commerce and supporting MSMEs in Indonesia [Q&A]

Mimin co-founders Bayu Eka Putra and Joseph Simbar shed light on how their #AI chat commerce #automation and order management platform is bolstering digital transformation for #MSMEs in #Indonesia.

India’s o9 Solutions raises $116M investment at $3.7B valuation

o9 Solutions, an India-based enterprise artificial intelligence (AI) software platform provider has on Wednesday announced that its existing investors, led by General Atlantic’s BeyondNetZero, have invested an additional $116 million in the company.

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Insignia AI Notes #2: Why operating in “Gen AI Mode” matters to any company

The #data value chain isn’t merely an enabler industry for #GenAI—it is the backbone of AI’s future. It’s also the key to unlocking greater efficiencies for any type of company, regardless of their relationship to #AI technologies — ultimately it’s all about leveraging data to build a better business.

Annica Witschard on Home Credit’s strategy for improving financial inclusion, access, and literacy in Asia [Q&A]

Annica Witschard, CEO of Home Credit Vietnam, outlined the company's strategic initiatives in expanding #financialinclusion, especially in marginalized communities. The company uses #AI and data-driven modeling to facilitate democratic #lending, particularly for those with no #credit history. She also underscored the importance of financial literacy,…