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2024-11-18 07:34:42

New Economist Impact study finds ASEAN enterprises leading in data intelligence
ASEAN enterprises are leading in data intelligence with 74 percent training their large language models (LLMs) with enterprise data, a study showed Monday. Databricks, the Data and artificial intelligence (AI) company, said in the New Economist Impact study that nearly half of data scientists (49 percent) across all of Asia Pacific (APAC) still rely on general-purpose LLMs without contextual...

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2024-11-18 07:38:46

Corporate Malaysia could contribute to doubling venture capital funding to $250 million by 2030, says report
Corporate Malaysia could contribute to doubling venture capital funding to reach MYR 1.1 billion ($250 million) by 2030, a report said Monday. Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), Boston Consulting Group (BCG), and its tech build and design unit BCG X, said in the report that attracting increased private sector funding is essential for...

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2024-11-18 07:45:17

Saudi fintech Lean Technologies raises $67.5m series B
A fintech infrastructure firm, Lean Technologies, has raised US$67.5 million in a Series B funding round from Saudi Arabia. General Catalyst led the investment, with Bain Capital Ventures, Duquesne Family Office, and Arbor Ventures participating. This round marks the first Saudi investment for the US-based investors involved. It also increases Lean’s total funding to US$100 million....

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2024-11-18 07:47:58

China’s semiconductor growth slows amid US sanctions
China’s semiconductor output grew at a slower pace in October. Integrated circuits (IC) production rose 11.8% year-on-year to 35.9 billion units, according to the National Bureau of Statistics (NBS). This was a decrease from 36.7 billion units in September. Concerns over weak demand and potential increased US sanctions contributed to this decline. #ChinaSemiconductors...

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2024-11-18 08:00:00

Hong Kong unlocks new path to profit for Chinese firms going global
RWA tokenization and fintech innovations make Hong Kong a springboard for affordable cross-border financing. Small and medium enterprises venturing abroad often face high financing costs and limited access to capital. But a potential solution is emerging. In August, Ant Digital Technologies partnered with Longshine Technology to issue a cross-border real-world asset (RWA) tokenization, proving...

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2024-11-18 08:02:44

China’s collectible card craze: Kayou and major IPs drive a growing market
A trading card resurgence led by China’s youth could ignite a new pop culture wave. Inside a Kayou flagship store in Beijing on a weekend, young visitors peruse thick binders filled with collectible trading cards from diverse IPs. They come to trade, chat, and expand their collections—a hobby sparking fresh connections for China’s next generation. For many, trading cards are...

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Emmay Thomson updated the profile picture
2024-11-18 08:16:50

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Emmay Thomson added blog Games
2024-11-18 08:19:53

For any ESO player looking to elevate their experience
In the vast, immersive world of The Elder Scrolls Online (ESO), players roam through a rich fantasy universe teeming with quests, mythical creatures, and other adventurers from around the world. ESO Gold, the primary in-game currency, is the cornerstone of player advancement, unlocking endless opportunities to obtain unique gear, essential resources, and coveted items. For those looking to...

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2024-11-18 08:25:31

Deals in brief: Wavemaker Partners launches USD 30 million growth fund, Dossier clinches pre-seed funding, AC Ventures fuels Collektr’s APAC push, and more
Bringing you the latest updates on funding deals and activities in the Asia Pacific. Wavemaker Partners launches USD 30 million Growth Opportunities Fund Wavemaker Partners, one of Southeast Asia’s leading venture capital firms, has announced the first close of its inaugural Wavemaker Growth Opportunities Fund, securing USD 30 million. Backed by limited partners such as QLA Investment...

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2024-11-18 08:27:27

BioMap envisions AI as the future of life sciences
Baidu CEO’s life sciences startup sees artificial intelligence as the inevitable force driving transformation in drug discovery and biotech As artificial intelligence’s competitive landscape evolves, the second half of the large model race is zeroing in on real-world applications with new depth. The shift is evident across sectors like healthcare, tourism, big data, and urban...

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