AI

As many as 85 percent of affluent and high-net-worth investors in Malaysia use AI tools for finance and investment, ranking the country third among ten markets surveyed, according to HSBC.

China's technology giant Alibaba has launched a public beta of Wan3.0, an AI video generation model supporting clips of up to 30 seconds and multimodal inputs including text, image, video, audio, web pages, PDFs, and PowerPoint presentations.

Malaysia's Ministry of Digital and MyDIGITAL Corporation will co-host the AI Malaysia Takeover 2026 (AIMTO_26), a two-day event in Kuala Lumpur on August 11-12, to push Malaysia's AI readiness and digital adoption.

Indonesia's Indosat Ooredoo Hutchison has launched Zankore by Indosat, an AI infrastructure platform targeting 1 GW of NVIDIA DSX AI Factory capacity, in collaboration with Qatar's Ooredoo Group as lead investor, Finland's Nokia, and US chipmaker NVIDIA.

Acrab, a Singapore-headquartered technology company building agentic AI compute infrastructure, has raised $130 million in a Series B round led by existing investors Vertex Ventures SEA & India and Vertex Growth.

Vietnam's technology giant FPT has become an OpenAI Select Partner within the OpenAI Partner Network, with a focus on integrating OpenAI's frontier AI capabilities into FPT's cybersecurity platforms and enterprise workflows.

Tencent Hy3 (formerly known as Tencent Hunyuan), the latest large language model developed by China's Tencent, is now available for international access, following the model's official release on July 6.

Singapore businesses expect agentic AI to generate a return on investment of $9.8 million over the next two years, nearly double last year's estimate of $4.9 million, according to "The SAP Value of AI Report 2026" study conducted by Germany's software giant SAP and Oxford Economics.

Only 29 percent of Singapore businesses can produce an audit trail to prove AI-driven decisions to regulators, shareholders, or customers, trailing the Asia-Pacific average of 38 percent who hold a tamper-proof audit trail.

Malaysia is the only market among eight surveyed in Asia where 100 percent of respondents plan to increase AI investment, according to a survey of 1,000 IT decision-makers commissioned by China's Alibaba Cloud and conducted by NielsenIQ.