Latest news and trends about tech

Verified connections: Redefining social media interactions through provable identities

While the landscape of #SocialMedia and #Web3 is evolving, many social platforms typically offer limited, if any, financial rewards for user engagement and content creation, leaving a gap to be filled. And this is where the emerging SocialFi space is stepping in and offering approaches that fill this void. 

Alipay+ partners Nepal Clearing House Ltd to enable merchants in Nepal to accept cross-border mobile payments from travellers

In the coming months, users of more than 10 mobile wallets and banking apps, which are payment partners of Alipay+ will be able to use cashless payments when they travel to Nepal.

three people sitting in front of table laughing together

The future of AI and education

A transformed #education landscape featuring thoughtfully introduced #AI means more than frazzled, fatigued teachers and happier, more productive students. By preparing an incoming labor force better suited for current and emerging jobs, it can easily be a key to next-generation prosperity: the individual kind, and the national kind.

Indonesia’s Elevarm secures $2.6M in seed funding to empower horticulture farmers

Funding round led by Singapore’s Insignia Ventures Partners, with participation from 500 Global and Gibran Huzaifah, CEO and Founder of eFishery.

Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year

Carsome has also marked another achievement in its growth trajectory, surpassing the sale of 500,000 cars since its inception in 2015. This milestone was achieved in just two years after crossing 100,000 cars in 2021. Last year, the group sold over 150,000 cars.

VinFast aims to expand authorized dealers to at least 120 by year-end

VinFast aims to become the leading car manufacturer in Vietnam, taking on established gasoline car brands. To achieve this, VinFast plans to further expand its national network of showrooms and authorized dealers to at least 120 by year-end.

Malaysia’s AI governance and ethics code framework at final stage, will be launched soon – report

The Ministry of Science, Technology and Innovation (MOSTI) has been working with Universiti Teknologi Malaysia and other representatives of government agencies, higher education institutions and industry players, to develop the framework.

Princeton Digital Group secures $280M green loan for AI-ready data center campus in Malaysia

Princeton Digital Group (PDG), Asia’s leading data center provider, has secured its first MYR 1.27 billion ($280 million) green loan for its 150MW artificial intelligence (AI)-ready JH1 campus in Sedenak Tech Park (STeP) in Johor, Malaysia.

The Radical Fund collaborates with Keppel on sourcing for climate solutions to decarbonize the built environment

The Radical Fund has signed a non-binding Memorandum of Understanding (MOU) with Keppel’s Real Estate Division to signify a strategic partnership with the shared goal of driving innovation in sectors such as the built environment, renewable energy, decarbonization, and infrastructure technology.

Indian AgTech firm Superplum completes $15M Series A financing

Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman.