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Indosat Ooredoo Hutchison & India’s AIonOS Unite to Power Indonesia’s AI Growth Journey

In a collaboration under the visionary Government-to-Government (G2G) initiative between India and Indonesia, Indian AI and data analytics company AIonOS and Indosat Ooredoo Hutchison (Indosat or IOH) have signed a historic Memorandum of Understanding (MoU) to transform Indonesia’s Artificial Intelligence (AI) ecosystem. The MoU represents the first large-scale AI-focused partnership...

2025-01-28 00:19:02

MYEG partners with MyDigital ID Solutions to set up Malaysia’s blockchain-powered digital identity ecosystem

Malaysia-listed digital services company MY E.G. Services Berhad announced a strategic collaboration with MyDigital ID Solutions Sdn Bhd to establish a blockchain-powered national digital identity ecosystem, the MyDigital ID Superapp, marking a major advancement in the battle against online fraud. This partnership between MYEG’s wholly-owned subsidiary MYEG Alternative Payment Services...

2025-01-28 00:14:41

Nestlé Philippines inks partnership with Mober to integrate EV in mid & last-mile delivery

Nestlé Philippines, the world’s largest food & beverage company, has partnered with Mober, a green logistics services in the Philippines, to integrate electric vehicles (EVs) into its mid- and last-mile delivery operations, supporting its goal of achieving net-zero emissions by 2050 and helping meet its environmental, social, and governance (ESG) goals. As part of the...

2025-01-28 00:10:34

How AI combats business insurance fraud

Fraudulent claims are increasing yearly, driving up premiums for honest customers and placing operational and financial strain on insurance companies. Businesses must address this growing problem. However, detecting and preventing fraud is challenging without the latest tools. Fraudsters are becoming increasingly sophisticated, leveraging technologies that outsmart traditional systems. One...

2025-01-28 00:07:42

MIMOS partners Masverse to develop blockchain infrastructure for Malaysia

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. MIMOS said in a statement on Friday that the duo have officially joined forces by signing a memorandum of understanding (MoU) on January 23 to advance Malaysia’s national blockchain...

2025-01-28 00:04:07

Malaysia’s PE firm Creador closes Fund VI at $930 million, says Founder & CEO Brahmal Vasudevan

Malaysia-headquartered private equity firm Creador has closed its sixth fund at $930 million, exceeding a $750-million target, according to its Founder and Chief Executive Officer. “Yes, correct. We closed sixth fund at $930 million, exceeding a $750-million target,” Brahmal Vasudevan told TNGlobal. According to earlier reports, Creador V was closed above target on $700 million in...

2025-01-27 23:59:45

How generative AI is revolutionizing creative industries and driving regional transformation in Southeast Asia

The rapid rise of artificial intelligence (AI) is no longer confined to the realm of futuristic science fiction. In Southeast Asia, AI has become a catalyst for digital transformation, influencing industries, economies, and everyday lives. A particular game-changer has emerged in the form of Generative AI, a technology that is redefining creative industries such as media, advertising, and...

2025-01-27 23:57:12

Temasek backs Databricks in $15B financing to boost AI globally

Databricks, the global data and artificial intelligence (AI) company, has on Wednesday announced the final closing of its Series J funding. Existing investor QIA, the sovereign wealth fund of the State of Qatar, along with new investors including Temasek and entities administered by Macquarie Capital, participated in the funding round, which values the company at $62 billion, Databricks said...

2025-01-27 23:54:10

Hong Leong sees Malaysian government supportive policies to provide competitive advantage in data center amid US AI chip curbs

While the recent US Framework for AI Diffusion presents a dent to Malaysia’s booming DC space, Hong Leong Investment Bank Research said Wednesday that Malaysian government supportive policies will provide a competitive advantage in data center (DC) investment. The research house said in a note that Malaysia’s competitive advantage over its regional peers in the DC space stems in...

2025-01-27 23:51:02

Global data and AI firm Databricks expands presence in ASEAN by entering Indonesia

Databricks, the global data and artificial intelligence (AI) company, is expanding its presence in ASEAN by announcing plans to enter Indonesia. The firm said in a statement on Wednesday that to meet the data, AI and governance demands of Indonesian enterprises, the Databricks Data Intelligence Platform will be available in the AWS Asia Pacific (Jakarta) Region in early 2025. As generative AI...

2025-01-27 23:48:10

Nokia McLaren Pro Max 2024 Specs: 18GB RAM, 200MP Cameras!

A new Nokia beast with 18GB RAM and 200MP cameras should hit the market in the next few months! Come and see the Nokia McLaren Pro Max 2024 specs below! Nokia McLaren Pro Max 2024 specs The Finnish Firm has hinted about the arrival of various high-end smartphone series in 2022. So far, the lineup includes Nokia McLaren, Nokia McLaren Max, Nokia McLaren...

2025-01-24 00:32:38

Titan Lab by Tokenize Xchange acquires Coinseeker in $30M deal to drive innovation

Titan Lab by Tokenize Xchange (Tokenize), the blockchain development arm of the Singapore-based digital asset platform, has acquired Coinseeker, a Singapore-based startup specializing in artificial intelligence (AI)-driven blockchain venture intelligence and incubation services, in a deal valuing the company at $30 million. This acquisition enhances Titan Lab’s capabilities in delivering...

2025-01-22 16:46:40

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