Latest news and trends about tech
LG AI Research taps Google Cloud to develop EXAONE 3.0 and ChatEXAONE AI agent
South Korea-based LG AI Research has on Wednesday announced an expanded collaboration with Google Cloud to help develop LG’s latest family of EXAONE 3.0 generative AI models, and its enterprise multimodal artificial intelligence (AI) agent, ChatEXAONE, trained and developed on Google Cloud's AI-optimized infrastructure.
Zurich Malaysia collaborates with GXBank to launch cyber protect digital insurance product
Zurich General Insurance Malaysia Berhad and GXBank Berhad have announced the launch of Cyber Fraud Protect offered within the GXBank application and powered by Zurich Edge platform.
DeCurret DCP partners Internet Initiative Japan for digital assetization of environmental value, launch of digital currency settlement transactions
Japanese digital currencies platform DeCurret DCP Inc. has partnered internet service provide Internet Initiative Japan Inc. (IIJ) for digital assetization of environmental value and launch of digital currency DCJPY settlement transactions.
EY: SEA’s InsurTech deal value jumps more than four times to $2.35B in 2023
Despite macroeconomic and geopolitical uncertainty, a hawkish inflationary environment and elevated interest rates, SEA’s InsurTech sector saw a surge in deal value in 2023 – a development not seen since 2020, Ernst & Young Global (EY) said in its recent report.
S&P: Asia Pacific decarbonization path beyond 2030 is highly uncertain
S&P Global Ratings believes the decarbonization path for Asia Pacific firms beyond 2030 is highly uncertain, and will be shaped by emerging regulations and new technologies.
Temasek’s SeaTown closes second private credit fund at over $1.3B
SeaTown Holdings International, a wholly-owned subsidiary of Temasek’s asset management group Seviora Holdings, has on Tuesday announced the final close of the SeaTown Private Credit Fund II (PCF II) with over $1.3 billion in capital commitments.
Empowering tomorrow’s innovators: The role of family offices in tech funding and social impact initiatives in Singapore
Family offices are pivotal in Singapore's tech funding landscape, leveraging substantial resources and a long-term investment outlook to drive innovation and social impact. By prioritizing initiatives aligned with #ESG principles and investing in education, research studies, and start-ups, they not only address funding gaps but also foster solid grounds for…
Foxconn Industrial Internet, Vizzio Technologies, Ingrasys team up for AI server WEF Lighthouse Factory
Vizzio Technologies, a Singapore-based technology company, Foxconn Industrial Internet (FII), a subsidiary of the global technology leader Foxconn, and INGRASYS, an artificial intelligence (AI)-focused subsidiary of Foxconn, have teamed up for smart manufacturing.
Singtel, Hitachi expand collaboration to next-generation data centers and GPU cloud
Singaporean telecommunications conglomerate Singtel and Japanese multinational conglomerate Hitachi, Ltd. have expanded collaboration to next-generation data centers and graphics processing unit (GPU) cloud to accelerate enterprise digital transformation by artificial intelligence (AI) adoption.
S&P: tech crackdown could boost tech expenses for South and Southeast Asia banks
Technology expenses for banks in South and Southeast Asia could continue to increase at 15 percent to 20 percent a year over the next two to three years following a recent tech crackdown, S&P Global Ratings said Monday.
