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2024-11-30 09:24:30

51World, China’s digital twin leader, sets sights on Hong Kong IPO
Backed by strong investor support and solid revenue growth, 51World looks to debut on the Hong Kong stock market under tech-focused rules. On November 29, Beijing-based 51World submitted its application to list on the Main Board of the Hong Kong Stock Exchange (HKEX) under Chapter 18C. This provision caters specifically to specialist technology companies, making 51World the fifth...

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2024-11-28 05:34:17

Accenture to set up ‘AI refinery engineering hub’ in Singapore
US-listed global professional services firm Accenture announced Wednesday the establishment of an AI Refinery Engineering Hub in Singapore. The hub is designed to drive AI-led innovation and intellectual property development for the region, and is supported by the Singapore Economic Development Board (EDB). Building on its recently announced AI RefineryTM️, the hub is an extension of...

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2024-11-29 12:06:34

AI growth is built upon Iinfrastructure modernization: How businesses must adapt to thrive
It doesn’t take a genius to understand that artificial intelligence (AI) is transforming industries at an unprecedented rate. According to IDC, global spending on AI is expected to reach $632 billion by 2028, with generative AI (GenAI) growing at a remarkable annual rate of 59.2 percent. Yet, as AI capabilities surge, the infrastructure needed to support them is straining under the...

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2024-11-30 08:18:54

AirAsia MOVE’s third quarter revenue declines on reduced sale of AirAsia flight tickets
AirAsia MOVE, the digital arm of Malaysia-based Capital A, has reported lower revenue during the third quarter ended September 30, 2024, mainly due to reduced sale of AirAsia flight tickets. Capital A said in a statement on Thursday that AirAsia Move reported revenue of MYR 128 million ($28.82 million), a 25 percent year on year decline. It is noted that as the aviation group is recovering...

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2024-12-05 13:52:42

Alibaba Cloud revamps global partnership ecosystem to fuel AI-driven growth
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group announced Tuesday the launch of its revamped AI-focused partner ecosystem plan, known as “Alibaba Cloud Partner Rainforest Plan” during the Alibaba Cloud Partner Summit 2024 through a series of new initiatives including an AI partner accelerator program, an enhanced incentive program and a revitalised...

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2024-11-23 12:26:21

AppWorks partners with Google Cloud to support next generation of AI & Web3 startups across Greater Southeast Asia
Taiwan-based VC firm and accelerator AppWorks has announced a partnership with Google Cloud to advance its mission of fostering the next generation of entrepreneurs in Taiwan and Southeast Asia. This partnership gives startups in AppWorks Accelerator support from the Google for Startups Cloud Program, including access to a breadth of Google resources designed for early-stage startup founders...

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2024-12-13 05:40:56

As chatbots fall short, ByteDance bets on Dreamina as the “TikTok of the AI era”
With engagement lagging on Doubao, ByteDance shifts focus to Dreamina and CapCut to drive its vision for the AI era. Although ByteDance’s Doubao has seen user growth in recent months, its performance across key metrics such as usage duration, access frequency, and monetization potential remains underwhelming, reflecting broader challenges faced by conversational artificial intelligence...

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2024-11-18 16:04:11

Baidu is all-in on AI, but Sora-style advances remain premature, says Robin Li
Baidu unveiled a slate of new AI technology at its annual event, though plans for a Sora rival remain on hold. At this year’s edition of Baidu World, Baidu’s annual event, the spotlight fell on what defines a valuable artificial intelligence application. Robin Li, founder and CEO of Baidu, opened with a keynote addressing the Chinese tech giant’s vision for large language...

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2024-12-18 11:37:25

Bank Jago and Google Cloud team up to boost growth in Indonesia
PT Bank Jago Tbk, a tech-based bank in Indonesia, and Google Cloud have on Wednesday announced a new, multi-year strategic collaboration to supercharge the bank’s future innovation strategy. Under this collaboration, Bank Jago and DKatalis, its technology solutions partner, will utilize Google Cloud’s BigQuery and Vertex artificial intelligence (AI) platforms, to elevate the...

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2024-12-04 23:38:33 5.0

BDx Indonesia launches AI data center park in Indonesia
BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat), Lintasarta, and BDx Data Centers (BDx), has recently launched an artificial intelligence (AI) data center park in Indonesia. The phase 1 deployment of the renewable energy-powered CGK4 AI campus is equipped with NVIDIA’s AI and accelerated computing platform, BDx Indonesia said in a statement on Wednesday....

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