Latest news and trends about tech
China’s CXMT eyes NAND flash expansion as AI drives memory shortage
China’s CXMT is preparing an R&D production line for NAND flash memory, broadening beyond DRAM as AI infrastructure contributes to a global memory shortage.
Singlife says Salesforce AI agents cut handling time 30%, training time by half
Singlife says its Salesforce-powered AI agents are producing measurable customer-service gains, including 30 percent lower handling time and 50 percent shorter training for new hires.
Ant International rolls out AI-native stack across payments, FX, treasury and credit
Ant International has unveiled an AI-native financial stack spanning payments, accounts, FX, treasury, credit and merchant growth across its Alipay+, Antom, WorldFirst and Bettr businesses.
Korea’s ITM Semiconductor recovers $2.5M out of $9.3M embezzlement in Vietnam
South Korea's ITM Semiconductor recovered about KRW3.5 billion ($2.47 million) out of an employee embezzlement worth KRW13.2 billion at its Vietnamese subsidiary ITM Semiconductor Vietnam.
Singapore’s Thunes launches cross-border payouts across six new Middle East markets
Thunes, the Singapore-based payment firm, has announced a major expansion of its Direct Global Network across the Middle East.
Singapore’s dtcpay extends $25M Series A funding round with SBI investment
Dtcpay, a Singapore-based payment, announced Friday the extension of its $25 million Series A funding round with SBI Group as its strategic investor.
Green SM launches electric motorbike service in Indonesia
Green SM has launched its electric motorbike service in Jakarta, expanding its all-electric transportation ecosystem in Indonesia to include two-wheeled mobility alongside electric taxis.
ResponsAbility commits up to $25M to back Verdant Energy’s renewable energy growth across Thailand
Switzerland-based investment firm responsAbility will provide up to $25 million in non-recourse project financing, on behalf of its investors, to support the expansion of Verdant Energy’s solar portfolio in Thailand.
Grab Holdings’ Atome deal to fuel fintech expansion – S&P
Grab Holdings Ltd.'s proposed acquisition of Atome Financial Singapore Pte. Ltd. will likely accelerate its growth in financial services, S&P Global Ratings said on Thursday.
Singapore says AI safeguards must keep pace with technology
Singapore will continue to strengthen safeguards for artificial intelligence (AI) as the technology becomes more capable, with Communications and Information Minister Josephine Teo saying safety measures must develop alongside adoption.
