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Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay Global Payments Report (GPR). According to the report, digital wallets accounted for over half (53 percent) of global ecommerce...0 Comments 0 Shares 5K Views 0 Reviews
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Foxconn partners with NVIDIA to build AI Factory in TaiwanTaiwan-based Hon Hai Technology Group (Foxconn) announced Monday that it is partnering with NVIDIA and to build a state-of-the-art artificial intelligence (AI) Factory supercomputing center in Taiwan. Foxconn said in a statement that this initiative aims to provide the latest NVIDIA Blackwell infrastructure to industry, government, and academia across the region, accelerating Taiwan’s...0 Comments 0 Shares 4K Views 0 Reviews
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MDEC inks MOU with CICC Capital to set up $100M China-Malaysia Gaming and Digital Content FundMalaysia Digital Economy Corporation (MDEC) and CICC Capital Management Co., LTD , a private equity investment arm of China International Capital Corporation Limited (CICC), have inked memorandum of understanding (MOU) to establish the China-Malaysia Gaming and Digital Content Fund, with an estimated target fund size of $100 million. Minister of Digital, Gobind Singh Deo, said in a statement...0 Comments 0 Shares 5K Views 0 Reviews
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Malaysia’s Betamek partners Singapore’s SiGenex for AI genomics diagnostic and sequencing solutionBetamek Berhad, a Malaysia-based original design manufacturer (ODM), has partnered with SiGenex Global Holdings Pte. Ltd. (SiGenex), a Singapore-based technology firm, for artificial intelligence (AI) genomics diagnostic and sequencing solution. Betamek said in a statement that the firm, through its wholly-owned subsidiary Betamek Research Sdn. Bhd. (BRSB) has entered into a memorandum of...0 Comments 0 Shares 6K Views 0 Reviews
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Arm and SoftBank contribute $15.5M to advance AI through Carnegie Mellon University’s partnership with Keio UniversityCarnegie Mellon University (CMU), Arm and SoftBank Group Corp. (SBG) announced last Thursday that Arm and SBG will contribute $15.5 million to CMU to support its partnership with Keio University (Keio), a collaboration to accelerate the global advancement of artificial intelligence (AI). Softbank said in a statement that a year ago, the United States and Japan launched a research partnership...0 Comments 0 Shares 5K Views 0 Reviews
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