Latest news and trends about tech

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, and the Infocomm Media Development Authority (IMDA), have announced a strategic partnership to help accelerate the digital transformation of up to 3,000 local small and medium-sized enterprises (SMEs) and digital solutions providers through the adoption of cloud technologies…

Airbus, Singapore’s Infocomm Media Development Authority (IMDA), and the Office for Space Technology and Industry (OSTIn) – Singapore’s national space office – have signed a memorandum of understanding (MoU) to jointly advance the development of Non-Terrestrial Network (NTN) technologies in Singapore.

Nexus Technologies Inc., a next-generation technology solutions provider based in the Philippines, has partnered with Resecurity, a global cybersecurity and threat intelligence, to jointly advance cybersecurity capabilities and promote digital resilience across public and private sectors.

Singapore has on last Thursday unveiled key insights from its Global AI Assurance Pilot, an initiative to catalyze emerging norms and best practices around technical testing of generative artificial intelligence (GenAI) applications.

PingPong, the China-based cross-border payment solutions provider, has expanded its global payments platform into the United Arab Emirates (UAE) and Malaysia, following license approvals from local central banks.

Amazon Web Services (AWS), an Amazon.com company, announced last Thursday that bolttech, a Singapore-headquartered international insurtech company, is implementing AWS’s generative artificial intelligence (Gen AI) solutions across their customer- and internal-workflows, enhancing operational efficiency and customer experiences while reducing costs.

Tomoro AI, a global artificial intelligence (AI) consulting and engineering firm that works closely in Alliance with OpenAI, has announced the opening of its Asia-Pacific headquarters in Singapore.

Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, has signed an agreement with ACEN, the listed energy company of the Ayala group, to sell a 25 percent minority stake in the San Miguel Bay offshore wind project in Camarines Sur subject to applicable regulatory approvals.

AirAsia MOVE, the digital arm of Malaysia-based Capital A Berhad, announced last Friday that its earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 10 percent year on year.

Payments Network Malaysia Sdn Bhd (PayNet), Malaysia’s national payments network, has signed a memorandum of understanding (MoU) with Bank of China (Malaysia) Berhad (BOC Malaysia) to explore seamless, real-time payment and settlement solutions that simplify financial flows between Malaysia and China.