Latest news and trends about tech
JIA Asset Management joins Vynn Capital Progression Fund as limited partner
JIA Asset Management Sdn Bhd has announced on Tuesday its strategic collaboration with Vynn Capital by participating as a limited partner in the Vynn Capital Progression Fund, Vynn Capital’s mobility and supply chain-focused fund.
China listed AI firm iFLYTEK to invest $51.23M in Hong Kong
China-listed artificial intelligence company iFLYTEK plans to HK$400 million ($51.23 million) in Hong Kong over the next five years.
Equinix expands to the Philippines with acquisition of three data centers
United States data center firm Equinix has announced its planned entry into the Philippines with the acquisition of three data centers from Total Information Management (TIM), a technology solutions provider based in the Philippines.
Organizations report a four-fold increase in the deployment of generative AI since 2023
Organizations report a four-fold increase in the deployment of generative artificial intelligence (GenAI) since 2023, according to the Capgemini Research Institute’s latest report revealed on Monday.
Ethical considerations when using customer data
Data protection goes beyond compliance — companies have a responsibility to individuals to use their information responsibly and avoid a breach. Prioritizing transparency, data minimization and enhanced security will help build trust and loyalty between businesses and consumers.
IFC provides $250M loan to Ayala Land to boost green buildings in the Philippines
The International Finance Corporation (IFC), a member of the World Bank Group, is investing up to PHP 14.5 billion ($250 million) in the form of a sustainability-linked loan (SLL) for developer Ayala Land Inc. (ALI) to boost green buildings in the Philippines.
Singapore’s CHITOSE Group raises $6.2M from Japan’s SMBC
Singapore-based biotech firm Chitose Bio Evolution Pte. Ltd. has announced the issuance of new shares of JPY 1 billion ($6.2 million) through a third-party allotment to Sumitomo Mitsui Banking Corporation (SMBC).
TAU Intelligence partners Jardine Matheson, Intel to launch resource-efficient AI solutions
Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based technology firm Intel to launch resource-efficient AI solutions.
Malaysia welcomes its second unicorn, NASDAQ-bound biotech firm ALPS Global Holdings Bhd
Alps is a fully-integrated biotechnology research, medical and wellness company dedicated to the development of personalised medicine using cutting-edge technologies such as genomics DNA, mRNA, and cellular therapy, to pave the way for the next key phase in healthcare.
Capital A chief Fernandes demands answers from Microsoft with airlines losing ‘millions’ in global IT outage
The global tech glitch affected flights, banking and company operations in Malaysia, Hong Kong, Singapore, the United States, the United Kingdom, India and Australia, according to various media reports.
