Latest news and trends about tech
In 2024, Web3 must rewrite its user acquisition playbook
The #Web3 industry should prioritize creating high-quality products and services with real utility for users. There is no other path forward now. Especially as traditional finance is now lending its weight to an increasing array of #crypto #finance products, which are widening trading accessibility for individuals and institutions.
Abu Dhabi’s Bayanat and Yahsat merge to create over $4 billion AI-powered space technology firm
Bayanat AI PLC (Bayanat), a Abu-Dhabi-based artificial intelligence (AI)-powered geospatial solutions provider, and Al Yah Satellite Communications Company P.J.S.C. (Yahsat), a leading global satellite operator, have agreed a potential AED 15 billion (over $4 billion) merger.
IFC supports new fund to address infrastructure gaps, cut carbon emissions across Asia and Africa
International Finance Corporation (IFC) is investing $50 million in equity to bolster A.P. Moller Capital's $1 billion Emerging Markets Infrastructure Fund II (EMIF II), joining forces with a consortium of global partners. The new investment will help address critical infrastructure gaps, facilitate trade, and boost access to renewable energy in Asia and…
IHI partners Gentari to develop global green ammonia value chain
Japanese engineering firm IHI Corporation has partnered Petronas's clean energy arm Gentari Sdn Bhd to develop global green ammonia value chain and commercial demonstration of ammonia-powered gas turbine.
National Bank of Cambodia partners IFC to boost green finance, support climate action
To help Cambodia address climate change impacts and create a conducive environment for the uptake of green finance, the National Bank of Cambodia (NBC) and World Bank's unit IFC signed a cooperation agreement to boost financing for climate-friendly projects, supporting the country's transition towards a green economy.
Navigating the landscape of novel gene therapies: How small countries can unlock the global gene therapy market
The future of #biotech investments hinges on the continued evolution of gene therapies and the integration of novel technologies into biological research standards ... In this dynamic landscape, small countries such as #Singapore and #Estonia might achieve catalyzing potential by providing relevant, consistent, and innovation-driven regulatory frameworks to…
Atomionics partners Bridgeport Energy to deploy first-ever “virtual drill” for commercial resource exploration
Singapore-based deeptech startup in the field of commercial quantum sensing Atomionics and Australia-based energy firm Bridgeport Energy have deployed the first-ever quantum gravity sensor or "virtual drill" for commercial resource discovery, heralding a new era in precision exploration.
EIB Global announces $40M for private equity fund supporting digitalization of Indian SMEs
European Investment Bank (EIB) Global will invest up to $40 million in the private equity fund Amicus Capital Partners Fund II, to support investments in Indian small and medium-sized enterprises (SMEs) operating in various economic sectors.
Uber Eats teams up with Gogoro in Taiwan for Green Delivery Program worth nearly $30M
Gogoro Inc., a Taiwan-based technology player in battery-swapping ecosystems, has partnered global online food ordering and delivery platform Uber Eats for Green Delivery Program worth nearly $30 million. The program will make it easier and more affordable for Uber Eats delivery partners to switch to electric scooters.
Southeast Asian companies are massively overpaying for cloud services: Why, and what can be done about it?
While #cloudcomputing adoption is set to grow rapidly in #SoutheastAsia, the associated costs and risks with hyperscalers' solutions pose significant challenges. In this context, #opensource-based cloud solutions emerge as essential to address these challenges and empower Southeast Asian businesses to fully harness the benefits of cloud computing.
