Enveda Raises $55M to Fuse Ancient Remedies with AI in Drug Discovery
For centuries, people have turned to nature to alleviate pain and treat ailments. One notable example is the use of willow tree bark, chewed by our ancestors to relieve pain…
Crystal Intelligence Report: Crypto Hacks Reach $19 Billion Over 13 Years
The cryptocurrency industry has endured a significant toll over the past 13 years, with 785 reported hacks and exploits leading to nearly $19 billion worth of digital assets being stolen.…
Rebellions and Sapeon Merge as AI Hardware Competition Intensifies
South Korea’s fabless AI chip industry has experienced significant growth and investment over recent years, driven by the surging demand for AI-powered hardware. This dynamic sector is now witnessing a…
Crypto Market Decline Erases $190 Million in Leveraged Positions Amid CPI Report Anticipation
On June 11, the cryptocurrency market witnessed significant declines, with Bitcoin and Ether leading the downturn. Bitcoin dropped 2.5% from its daily high of $69,547 to a low of $66,018.…
Hong Kong’s new hi-tech star: SmartMore.
In a significant endorsement of Hong Kong’s aspirations to become a leading technological hub, SmartMore, a smart manufacturing start-up founded by a Chinese University of Hong Kong professor in 2019,…
Samsung Unveils Initiative to Accelerate AI Chip Delivery
SEOUL/SAN JOSE – Samsung Electronics has announced a major advancement in its contract manufacturing business, aimed at expediting the production of AI chips. The South Korean tech giant revealed plans…
Samsung CEO Lee Explores Collaborations with Successful Meta, Amazon, and Qualcomm
Samsung Electronics Chairman Jay Y. Lee is fortifying alliances with American tech behemoths Meta, Amazon, and Qualcomm as the South Korean conglomerate seeks to bolster its competitiveness in the rapidly…
ChatGPT: Guiding Japan’s 89-Year-Old App Developer
TOKYO — At 89, Tomiji Suzuki is not your typical retiree. After a vibrant career at a trading house, Suzuki has embraced the digital age by learning to code and…
ByteDance to Slash 450 Jobs in Indonesia Following TikTok Shop-Tokopedia Merger Deal
ByteDance, the Chinese social media behemoth and parent company of TikTok, is set to cut approximately 450 jobs at its Indonesian e-commerce division. This move represents the first significant round…
Huawei denies interesting offer to invest in ex-unicorn Royole, a bankrupt Chinese flexible display maker
Huawei Technologies, the world’s largest telecommunications equipment vendor, firmly denied any plans to invest in Royole Corp, a former Chinese tech darling known for its pioneering foldable smartphones. This statement…
Thailand SEC Revokes Zipmex’s Licenses Due to Non-Compliance with Regulatory Orders
After enduring months of intense regulatory scrutiny, Zipmex, a cryptocurrency exchange, has had its operating licenses revoked by Thailand’s Securities and Exchange Commission (SEC). This decision marks a significant setback…
This Tokyo Humanoid Robot Could Become a Driver
A group of researchers at the University of Tokyo, including one who consults for Toyota, believe that the future of autonomous vehicles may involve a humanoid robot behind the wheel.…
Chinese AI social media apps gain traction abroad, lag at home
Chinese artificial intelligence (AI) companies are experiencing a noticeable increase in demand for their social media applications in international markets, contrasting with the more moderate uptake on the mainland. This…
SushiSwap Transitions to ‘Labs’ Model and Introduces Multi-Token Ecosystem
After months of intense debate, SushiSwap, a leading decentralized exchange (DEX), has unveiled a transformative new business model under the banner of Sushi Labs. This transition aims to streamline the…
The U.S. may impose more limits on China’s AI chip tech access.
In an escalating move to safeguard its technological prowess, the Biden administration is reportedly considering tightening restrictions on China’s access to sophisticated semiconductor technology, a move that could have significant…
Amazon’s AWS Expands in Asia-Pacific with New Taiwan Region
Amazon Web Services (AWS), a division of the U.S. tech giant Amazon, is set to establish a new infrastructure region in Taiwan by early 2025. This move is part of…
Linq Secures $6.6 Million in Funding to Enhance Research for Financial Analysts with AI Technology
In the swiftly evolving realm of artificial intelligence (AI), the finance industry stands out as an early adopter, Linq, keen on harnessing the power of generative AI tools for enhanced…
Apple Vision Pro Debuts in China, Japan, and Singapore This Month.
Apple announced on Tuesday a major expansion of its high-end virtual reality headset, the Apple Vision Pro, marking the gadget’s debut in several key Asian markets. Scheduled to launch on…
Australia Implements Ban on Crypto and Credit Cards for Online Gambling
In a decisive move to protect its citizens from potential financial harm, the Australian government has instituted a ban on using cryptocurrencies and credit cards for online gambling. This measure…
Advantest of Japan Reports Increased Demand for AI Boosting Memory Tester Operations
Tokyo – Advantest Corporation, a global leader in the semiconductor testing equipment sector, announced significant growth in its memory testing business, spurred by the soaring demand for High Bandwidth Memory…