Latest news and trends about tech
Calls to pause development of AI ‘more powerful than GPT-4’ won’t solve the challenges ahead, says Bill Gates
The technologist-turned-philanthropist also said in the Reuters' interview the details of any pause would be complicated to enforce.
Glints & MHV report finds increased demand for revenue-generating roles for SEA startups in 2023
Startups will look to invest in more revenue-generating roles such as sales, business development, and marketing and public relations (PR) in 2023 as companies refocus on the path to profitability, said a report on Tuesday.
Canada’s ChopValue raises $7.7M growth funding to scale its circular global Microfactory network
ChopValue, a Canada-based company that creates sustainable products from recycled materials, has on Tuesday closed a $7.7 million funding round to expand its decentralized Microfactory network.
India’s DMI Finance raises $400M equity investment led by Mitsubishi UFJ Financial Group
Indian fintech firm DMI Finance Private Limited has on Tuesday announced the closure of a $400 million equity investment round led by Mitsubishi UFJ Financial Group, Inc. through its consolidated subsidiary MUFG Bank, Ltd (MUFG).
Before jumping on the AI wave, remember these few things
In the face of new technologies, founders need to go back to the essentials of entrepreneurship and first ask themselves what pain points they can solve and in which industries. Only after they have taken these first two steps should they ask: “What role can the new tech play in this use case?”
Singapore’s Dozer raises $3M funding led by Sequoia Capital India and Southeast Asia’s Surge
Dozer, a Singapore-based open-source data infrastructure platform, has on Tuesday announced $3 million in seed funding. Led by Sequoia Capital India and Southeast Asia’s Surge, the fundraise also saw participation from Gradient Ventures and January Capital.
Malaysia’s Proton plans for comprehensive new energy vehicle solutions
Malaysian national car maker Proton said Monday its New Energy Vehicle (NEV) model plan is confirmed during the visit by Minister of International Trade and Industry (MITI) Tengku Zafrul Aziz to Zeekr Intelligent Factory in Hangzhou Bay, Ningbo, China.
Indonesia’s Bukalapak acquires majority stake in Malaysian price comparison platform iPrice
Indonesian e-commerce firm Bukalapak announced Tuesday that it has acquired a majority stake in iPrice, a Malaysia-based price comparison platform.
Hong Kong’s 01Fintech seals strategic partnership with Indonesia’s Sinar Mas Financial Services
01Fintech, a Hong Kong-based growth stage private equity (PE) firm, has on Tuesday announced a strategic partnership with Sinar Mas Financial Services (known locally in Indonesia as Sinar Mas Multiartha Tbk, or SMMA).
Vietnamese EdTech firm Prep raises $1M funding co-led by East Ventures and Cercano Management
Prep, the Vietnam-based online learning platform that specializes in standardized language test preparation, has on Tuesday announced that it has raised $1 million co-led by East Ventures and Cercano Management.
