Latest news and trends about tech

TikTok Shop’s global gross merchandise value (GMV) surged to $33.2 billion in 2024, more than doubling year-over-year, Momentum Works said Monday.

Vietnam-based Saigon Jim Brother’s Corporation (EVM), Solarvest (Vietnam) Company Limited (Solarvest) and Power Engineering Consulting Joint Stock Company 2 (PECC2) have forged strategic partnership to accelerate renewable energy adoption in Vietnam through the new direct power purchase agreement mechanism (DPPA) via national grid.

This collaboration aims to leverage AI for advancing Indonesia’s food security, talent development, and tourism.

The MyDigital ID Superapp will provide a seamless, secure, and scalable solution for integrating digital identity management for commercial service providers.

As part of the partnership, Mober will provide electric trucks (e-trucks) to service Nestlé Philippines’ logistics needs across Metro Manila.

Fraudsters are becoming increasingly sophisticated, leveraging technologies that outsmart traditional systems. One solution is to invest in innovative technologies, such as artificial AI. Many companies have already integrated #AI to combat #insurance scams, helping insurers prevent them in various ways.

Malaysia's national applied research and development (R&D) center for technology solutions MIMOS Berhad has partnered blockchain firm Masverse to develop blockchain infrastructure for Malaysia.

Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.

As businesses embrace generative AI, they must view the technology as a complement to human creativity, not a replacement. By fostering collaboration between humans and machines, Southeast Asia can position itself as a leader in the AI-powered creative economy.

Databricks, the global data and artificial intelligence (AI) company, has on Wednesday announced the final closing of its Series J funding.