Apple MacBook supplies dwindling in Indonesia following recent restrictions on imports.
Indonesia’s ambitious move to bolster domestic production by enforcing stringent import regulations has triggered a wave of concerns among multinational corporations. With the onset of potential shortages looming, including coveted…
India’s Emergence as a Leading Tech Power in Asia: A Challenge to China
In recent years, China has reigned supreme as Asia’s technological powerhouse, boasting the presence of global giants like Tencent and Alibaba, and serving as the manufacturing hub for renowned brands…
Victory Securities Announces Fee Structure for Newly Approved Bitcoin and Ether ETFs in Hong Kong
Hong Kong-based investment firm Victory Securities has unveiled the proposed fee structure for its upcoming Bitcoin and Ethereum exchange-traded funds (ETFs), following the Hong Kong Securities and Futures Commission’s (SFC)…
Bitcoin Maintains Stability Following Its Fourth Halving Event
On Friday, Bitcoin experienced its fourth halving, a significant event in the cryptocurrency’s lifecycle that adjusts the rate at which new coins are generated. Despite the potential for volatility, Bitcoin…
Aerospike determined to grow real time database for AI with $109M raise
In the ever-evolving landscape of artificial intelligence (AI) and machine learning (ML), the role of robust database technologies is becoming increasingly pivotal. As the demand for AI solutions continues to…
Generative AI’s Potential in Healthcare Questioned
Generative AI, a rapidly advancing technology capable of generating and analyzing diverse data formats such as images, texts, and videos, is progressively making inroads into the healthcare sector. This technological…
New Zealand Explores the Potential Introduction of Digital Cash
The Reserve Bank of New Zealand (RBNZ) has initiated a 101-day public consultation to gather input on the foundational principles and design options for a potential digital dollar. This move…
StealthMole secures $7 million in Series A funding for its great artificial intelligence-driven platform that monitors the dark web.
Singapore and Seoul, Thursday – In a significant boost to the global fight against cybercrime, StealthMole, a pioneering dark web intelligence startup, has successfully closed a $7 million Series A…
Binance Secures Dubai Crypto License as Co-Founder Zhao Relinquishes Voting Power
Binance, the world’s largest cryptocurrency exchange, has successfully obtained a Virtual Asset Service Provider (VASP) license in Dubai, marking a significant regulatory milestone. This achievement came after Changpeng Zhao, Binance’s…
Lambda obtains a $500 million loan using Nvidia chips as security
Lambda, a pioneering artificial intelligence cloud provider, has announced a monumental financial maneuver with a $500 million loan acquisition, marking a significant stride in the AI industry’s hardware sector. This…
Hanwha Aerospace to separate its industrial solutions divisions from defense operations
SEOUL – In a strategic move aimed at bolstering its defence sector, South Korea’s Hanwha Aerospace Co announced plans to spin off its industrial solutions and semiconductor equipment businesses. This…
Ailytics Successfully Obtains $2.7 Million in Pre-Series A Financing Spearheaded by Tin Men Capital
In a significant boost for AI-driven workplace safety and productivity, Ailytics, a pioneering Singapore-based AI software startup, has successfully raised US$2.7 million in an oversubscribed pre-series A funding round. The…
Binance Bolsters Security and Trust by Converting $1 Billion SAFU to USDC Stablecoin
Binance, the largest cryptocurrency exchange globally, announced on Thursday a significant strategic move involving the conversion of its $1 billion Secure Asset Fund for Users (SAFU) into USDC stablecoin. This…
SiMa.ai raises $70 million in funding to launch a GenAI chip with multimodal capabilities
In a significant stride towards enhancing the capabilities of edge computing with artificial intelligence (AI), Silicon Valley-based SiMa.ai has announced a groundbreaking extension funding round of $70 million. This move…
Upbit Halts High-Value Crypto Transactions Over Regulatory Changes
Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced a temporary suspension of deposits and withdrawals for digital assets exceeding 1 million Korean won (approximately $721). This decision is…
India considers countermeasures for election misinformation, including labels and an AI safety alliance.
In the rapidly evolving landscape of artificial intelligence (AI), the debate around the authenticity and ethical use of AI-generated content has become a global concern. With India emerging as a…
Tether CEO Stresses Importance of Competition in Stablecoin Market for Regulatory Engagement
Tether CEO Paolo Ardoino, speaking at Paris Blockchain Week, highlighted the significance of Ripple’s decision to launch its own stablecoin, noting that this move could enhance the legitimacy of the…
China’s Chery to invest US$800m in a Vietnam car plant.
HANOI, Vietnam – In a landmark move that propels Vietnam further into the global electric vehicle (EV) landscape, Chinese automaker Chery has inked a partnership with local conglomerate Geleximco. The…
Nvidia and Indosat intend to invest $200 million in an AI center in Indonesia, according to the government.
JAKARTA – In a significant advancement for technology infrastructure in Indonesia, Nvidia and the telecommunications company PT Indosat Ooredoo Hutchison have announced their collaboration to establish an Artificial Intelligence (AI)…
Telegram’s Durov Foresees Crypto-Inspired Devices to Counter Government Surveillance
Pavel Durov, the founder of the encrypted messaging app Telegram, envisions the emergence of secure communication devices inspired by cryptocurrency hardware wallets as a response to increasing government surveillance. In…