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AI growth is built upon Iinfrastructure modernization: How businesses must adapt to thriveIt 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...0 Comments 0 Shares 1K Views 0 Reviews
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AirAsia MOVE taps Fullsing Industrial Park for China expansionAirAsia MOVE, a Malaysia-based online travel agent (OTA) platform, has entered into an investment cooperation framework agreement (ICAF) with Fullsing Industrial Park, a premier industrial zone in Haikou, Hainan. AirAsia MOVE said in a statement on on Monday that the agreement marked a significant step towards AirAsia MOVE’s plans to enter into the Chinese market. According to the...0 Comments 0 Shares 2K Views 0 Reviews
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AirAsia MOVE’s third quarter revenue declines on reduced sale of AirAsia flight ticketsAirAsia 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...0 Comments 0 Shares 1K Views 0 Reviews
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Alibaba Cloud revamps global partnership ecosystem to fuel AI-driven growthAlibaba 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...0 Comments 0 Shares 1K Views 0 Reviews
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E-ConomySEA 2024 report: Malaysia’s digital economy to hit $31B in 2024Malaysia’s digital economy is poised to reach $31 billion in gross merchandise value (GMV) in 2024, an increase of 16% from 2023 according to the latest e-Conomy SEA 2024 report by Google, Temasek, and Bain & Company. The trio said in a statement that Malaysia’s digital economy has progressed towards profitability while maintaining double-digit growth for GMV. They noted...0 Comments 0 Shares 1K Views 0 Reviews
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Equinix appoints Cyrus Adaggra as President for Asia-PacificEquinix, Inc., the global digital infrastructure company, has appointed Cyrus Adaggra, a four-year Equinix veteran, as President of Asia-Pacific (APAC). In this role, Cyrus will be responsible for the management, strategy and growth plan for Equinix in the APAC region to meet the demands of customers and partners in today’s fast-changing technological landscape, Equinix said in a...0 Comments 0 Shares 758 Views 0 Reviews
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Google introduces new strategic initiatives at Malaysia’s National AI Office LaunchTwo strategic initiatives between Google and government agencies were introduced on stage yesterday at the launch of Malaysia’s National AI Office (NAIO), aimed at transforming public service delivery through the power of generative AI. These initiatives build upon Google’s ongoing commitment to Malaysia, which includes a US$2 billion investment in a new Google data center and...0 Comments 0 Shares 476 Views 0 Reviews
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Grab picks AWS as preferred cloud provider to drive technology innovation and growthAmazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced Thursday that Grab, Southeast Asia’s leading superapp, has selected AWS as its preferred cloud provider. The duo said in a statement that with AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while...0 Comments 0 Shares 1K Views 0 Reviews
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HubSpot: despite the hype, only 27 percent of Singapore businesses officially implemented AIA new report from HubSpot, the customer platform for scaling businesses, has found that despite an ongoing focus on artificial intelligence (AI) growth and adoption in Singapore, only 27 percent of local organizations have officially implemented AI or AI-enhanced tools to support employees with their work. HubSpot said in a statement on Wednesday that while organizational-wide adoption of AI...0 Comments 0 Shares 2K Views 0 Reviews
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