This post was originally published on this site Sea Group disbands investment arm The arm, Sea Capital, stopped new equity investing in 2022 with leadership moving on in May, while Sea itself is placing less priority on investing given market conditions. SG-based Trirec taps Thai energy firm to launch cleantech fund The new fund, called […]
AliCloud launches AI audio and video transcription tool
This post was originally published on this siteAlibaba Cloud, a subsidiary of Alibaba Group, announced the public beta launch of its AI product, Tongyi Tingwu, on June 1st. This application, specializing in audio and video content management, is powered by the Tongyi Qianwen large model, a ChatGPT-like service by Alibaba. The tool has been described […]
Meet the 18 investor-judges for this year’s TOP100 Program
This post was originally published on this site Use our special promo code: GO for 75% off your Echelon tickets! The 2023 Echelon Asia Summit is happening at the Singapore EXPO on 14-15 June 2023. Are you a startup founder, investor, corporate, or tech enthusiast? Don’t miss out on one of the most anticipated tech conferences […]
SoftBank shares up 5% as interest in semiconductor, AI soars
This post was originally published on this siteThe Japanese conglomerate is gearing up for an IPO of chip designer Arm.
Broadcom predicts sales from AI will double, offsetting broader slowdown in tech spending
Broadcom, one of the world’s biggest chipmakers, predicted that sales tied to artificial intelligence are on track to double this year, helping offset a broader slowdown in technology spending.
Meta unveils Quest 3 mixed reality headset ahead of Apple’s VR debut
Meta Platforms CEO Mark Zuckerberg announced the Quest 3, the company’s next generation mixed reality headset, as it braces for Apple to potentially reshape a nascent market that Meta has dominated so far.
Shoppertainment in Vietnam fuels e-commerce profitability
This post was originally published on this site The COVID-19 pandemic encourages not just the rapid expansion of e-commerce but also the shift in consumer preferences from in-store to online buying. However, instead of just buying, consumers frequently prefer to seek out novel, stimulating experiences. Therefore, e-commerce will be a solution that every company should […]
Digging into Southeast Asia’s generative AI excitement
This post was originally published on this siteWith a wide range of applications, generative AI could transform the region as we know it.
Unlocking deeptech for sustainable development: SDTA launches revamped venture building programme
This post was originally published on this site In today’s rapidly changing world, the importance of sustainability has never been more evident. As we face the urgent need to address environmental challenges and build a more resilient future, it is crucial to leverage the power of technology and innovation, and this couldn’t be more pertinent […]
Echelon: Empowering Southeast Asia’s HealthTech revolution
This post was originally published on this site Peter X Nguyen, CEO and Co-Founder of Buymed and Chairman and Co-Founder of thuocsi.vn and Jingjing Zhong, Founder in Residence at Antler Use our special promo code: GO for 75% off your Echelon tickets! The 2023 Echelon Asia Summit is happening at the Singapore EXPO on 14-15 June […]
Byju’s creditors halt $1.2b loan talks, allege hidden $500m funds
This post was originally published on this siteCreditors have accused Byju’s of hiding $500 million in funds raised during the restructuring of the company’s $1.2 billion debt.
Binance plans new round of layoffs
This post was originally published on this siteBinance, the world’s largest cryptocurrency exchange by volume, has said it will reconsider its headcount, as reports indicate that the company intends to lay off 20% of its workforce in June. A spokesperson for Binance said in a statement that the firm would “focus on talent density” and […]