Huawei introduces a new NAS solution to address GenAI’s most significant data challenges.
In the fast-paced world of generative AI, managing the sheer volume of data and files can seem overwhelming. Addressing this burgeoning issue, Huawei has introduced its high-performance OceanStor A800 network-attached…
Meesho, an Indian social commerce platform, secures a huge $275M with 150M users.
In a significant development in the e-commerce sector, Meesho, a prominent social commerce platform based in Bengaluru, India, has secured a substantial $275 million in a new funding round. This…
North Korean Cyberattacks Intensify with New ‘Durian’ Malware Targeting South Korean Crypto Firms
A new wave of cyberattacks spearheaded by the North Korean hacker group Kimsuky has surfaced, utilizing an advanced malware variant named “Durian.” According to a recent threat report by cybersecurity…
China’s top chipmaker SMIC cites intense competition after missing profit targets.
In a critical evaluation of its first-quarter performance, Semiconductor Manufacturing International Corporation (SMIC), China’s largest contract chip manufacturer, disclosed a significant shortfall in profits, underlining the intensifying competition within the…
Decade-Dormant Bitcoin Wallets Transfer $61M, Stirring Market Curiosity
Two previously dormant Bitcoin wallets, containing a total of 1,000 BTC valued at $61 million at today’s prices, have suddenly sprung into action after a ten-year sleep. This unexpected movement…
Activity Declines Notably on Bitcoin’s Runes Protocol
Since its launch, the Runes protocol has experienced a noticeable decrease in user engagement and transaction volume. This change has sparked discussions about the sustainability and long-term viability of the…
South Korea prepares a big $7 billion support package for its chip industry.
South Korea is poised to significantly bolster its semiconductor industry with an expansive support package valued at over 10 trillion won ($7.30 billion), according to statements made by Finance Minister…
Binance Bribery Allegations Put Nigeria’s Foreign Investment at Risk
The recent bribery allegations by Binance CEO Richard Teng against Nigerian government officials are casting a shadow over Nigeria’s efforts to attract foreign investment. SBM Intelligence, a prominent Africa-focused risk…
Biden aims to curb the influx of low-cost Chinese electric vehicles.
In a bold move aimed at recalibrating the competitive landscape of the electric vehicle (EV) market in the United States, President Joe Biden’s administration is reportedly poised to significantly ramp…
Analysts Predict Potential ‘Explosive Rally’ in Altcoin Market, Highlight Key Indicators
The altcoin market appears to be at a pivotal stage, often referred to as the “disbelief stage,” which precedes significant rallies according to historical patterns. This article delves into the…
Tech giants begin to view Southeast Asia as the next huge opportunity.
Long perceived as a peripheral player in the technology sector, Southeast Asia is rapidly establishing itself as a pivotal hub for the industry. This dynamic change is highlighted by the…
India may delay UPI market caps, favoring the PhonePe-Google Pay duopoly.
India’s mobile payments landscape stands at a crossroads as the National Payments Corporation of India (NPCI) contemplates extending the deadline for imposing market share caps on the Unified Payments Interface…
DEEPX, an AI chip startup, successfully raises $80 million in Series C funding, valuing the company at $529 million.
In the ever-evolving landscape of artificial intelligence (AI) technology, South Korean startup DEEPX has emerged as a frontrunner in the development of on-device AI chips. The company, known for its…
Thai food delivery service Line Man Wongnai carefully considers IPO in Thailand and the US for 2025
In a comprehensive interview with TechCrunch, Yod Chinsupakul, CEO and co-founder of Line Man Wongnai, detailed the company’s ambitious plans for an initial public offering (IPO) potentially set for 2025.…
ASUS unveils its “AI PC” featuring the Snapdragon X Elite chipset in anticipation of Computex 2024.
On May 21, ASUS, the renowned technology giant, made waves in the computing world with the announcement of its latest innovation, the ASUS AI PC. This virtual event, titled “Next…
US considers restrictions on China’s use of AI software that powers applications similar to ChatGPT
In a significant move that could reshape international AI technology dynamics, the Biden administration is reportedly considering new export controls on proprietary AI models. This initiative aims to prevent the…
Huawei’s new innovative Pura 70 phone features more parts made in China, including the memory chip.
SHENZHEN/SHANGHAI, May 9 — Huawei Technologies is making significant strides towards technological self-sufficiency with its latest high-end smartphone, the Pura 70 Pro, featuring a higher percentage of Chinese-made components than…
Intel and Qualcomm Report Blocked Exports to China Amid Beijing’s Objections
Intel Corporation announced on Wednesday a significant expected drop in its second-quarter sales following the U.S. government’s revocation of several export licenses for a major Chinese customer. The move, which…
Salesforce Introduces New AI and Data Innovations to Address Trust Issues in ASEAN
Singapore — Salesforce, a global leader in CRM solutions, has unveiled a series of AI-driven tools and data solutions aimed at enhancing AI adoption and building trust among enterprises throughout…
Salesforce study shows Singapore workers’ AI trust and control concerns.
A comprehensive study conducted by Salesforce, focusing on the perceptions and attitudes of Singaporean workers towards artificial intelligence (AI), has highlighted significant apprehensions regarding the control and trustworthiness of AI…