China’s GAC Group to invest $27m in Pony.ai

Discussions are in preliminary stages, with officials noting that country-specific caps have gained traction in recent weeks.

Marco Palladino, CTO and co-founder of Kong, shares ways to optimize API infrastructure to thrive in an AI-driven world.

Like everywhere else in the world, Thailand has been battling the worst pandemic crisis. This does not come as a surprise for Thailand, as in 1997 and 2009, the country fought both the great Asian Financial Crisis and the rapid spread of the H1N1 virus. With my experience in working with small and medium enterprises […] The post Why is fintech driven lending a game-changer for Thai SMEs appeared first on e27.

OneLot, a Filipino lending company for used car dealers in the Philippines, has raised US$4 million in pre-seed funding led by 468 Capital. Kaya Founders, Crestone Venture Capital, 21yield, Founders Launchpad, and unnamed angels also participated. The company plans to use the funding to extend its services to more dealers as well as accelerate product […] The post OneLot secures US$4M to drive AI-powered lending for Philippine used car dealers appeared first on e27.

The use of human input raises questions over the capabilities and market readiness of the bot, despite Elon Musk’s enthusiasm.

The use of human input raises questions over the capabilities and market readiness of the bot, despite Elon Musk’s enthusiasm.

Fundraising is hard. To make things slightly easier, we've compiled this list of fundraising startups for our subscribers.

The platform has issued over 12 million tickets annually since its 2013 launch.

The platform's user base has grown to 312 million monthly active users, a 20% increase from last year.

Having a successful business in the F&B industry is notoriously difficult. Before the pandemic, half of the restaurants closed within the first year and 80 per cent within five years. The COVID-19 pandemic made the food and beverage industry even more competitive, forcing consumers and restaurateurs to adopt online food delivery services as the norm. […] The post How virtual restaurant brands are helping traditional restaurants to digitise appeared first on e27.

Officials are focused on Persian Gulf countries that have a growing appetite for AI data centres and the deep pockets to fund them.

Dear reader, The global rise in electric vehicle (EV) sales in September highlights the growing dominance of the sector, driven largely by China and a recovering European market. China’s remarkable 47.9% sales increase signals its commitment to solidifying a global leadership role, despite cooling global demand and rising EU import duties. Meanwhile, Europe’s resurgence—boosted by […] The post Ecosystem Roundup: Global EV sales up 30.5% in Sept. | Lazada eyes US$100B GMV by 2030 in SEA | GlobalTix secures US$5M appeared first on e27.

When most people think of on-demand in the Philippines, they think of goods. On-demand companies ferry everything from products, parcels, groceries, and food from point A to point B to simplify consumer life. Through these services, we are spared the hassle of commuting through the nation’s infamous traffic to shop at our nearest mall, deliver […] The post Beyond the uber of X: Reimagining on-demand appeared first on e27.

Unlike most sectors, edutech has been booming over the past year amidst the pandemic, as many brick and mortar education and professional training institutions in the region are scrambling to digitise. The global edutech industry is currently valued at US$ 89.49 billion in 2020 and is expected to witness a compound annual growth rate (CAGR) […] The post Edutech is surging, but here are the 3 issues it is facing appeared first on e27.

The new iPhone SE is starting to look very compelling. #iphonese4 #actionbutton #apple

We might be getting a new Apple Vision headset as early as next year. We've also heard some talks about cameras on AirPods, though we might not see those in a while.

In the fast-paced world of entrepreneurship, startups often stand out as bastions of innovation and disruption. However, one curious trend that emerges is that many of these budding companies offer lower salaries for high-level positions compared to their established counterparts. This article delves into the underlying reasons for this phenomenon, supported by in-depth analyses and […] The post Lower salaries, higher stakes: The reality of high-level positions in startups appeared first on e27.

When asked about the prospect of quantum computers in Singapore and Southeast Asia (SEA), Horizon Quantum Computing Founder and CEO Dr Joe Fitzsimons believes in the possibility of having sufficient infrastructure to take the technology to the next level. “At the moment, we are building out a facility to host quantum computers just next door […] The post Horizon Quantum CEO on the Singapore advantage in starting a quantum computing company appeared first on e27.

It’s been ten years since Japan implemented its mandatory Stress Check system in a bid to tackle the longstanding public health crisis tied to overwork and karoshi — a term meaning death by overwork. Introduced in 2015, the initiative was aimed at identifying high levels of stress among employees, requiring companies to survey their workforce […] The post A decade of Japan’s mandatory stress checks: Why work-related mental health is still declining? appeared first on e27.

The entry of TikTok Shop, Shein, and Temu is driving Southeast Asia’s cross-border merchants to overhaul their strategies.

The Asia-Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) 2024 emphasized the media’s role in informing the public regarding the Philippines’ disaster management initiatives.  On October 14, 2024, distinguished speakers reiterated this message during the event’s media reception.  READ: Philippines improves disaster management with AI This segment also marks the first day of the Asia

[The content of this article has been produced by our advertising partner.] Doesn’t matter if you’ve finished ticking off your travel bucket list, chances are you’re already well familiar with Expedia and Airbnb, which have become huge success stories both within and outside of the travel industry. As one of the first online travel agencies and property marketplaces respectively, Expedia and Airbnb have no doubt blazed the trail by adopting AI and cloud computing relatively early in their business. With Amazon Web Services (AWS) at the back-end, the companies have bridged the gap in data processing and security, successfully standing out from the pack to create exciting new experiences for customers.  Maximizing Performance to Accommodate Customer Demand Airbnb in particular, has come a long way since its humble beginnings. What started as two flatmates hosting conference attendees on air mattresses for extra cash, grew into an international peer-to-peer lodging platform that has since welcomed over 1.5 billion guests, forever changing how wanderlusts find accommodation. However, faced with service administration challenges in 2009, the one-year-old startup was struggling due to high customer demand, thus migrating nearly all of their functions to Amazon Web Services (AWS) for better efficiency. The entire database migration was done within just 15 minutes, meaning that users did not have to experience prolonged downtime, and Airbnb now uses Amazon Elastic MapReduce to process plus analyze over 50 Gigabytes of data daily, while housing backups and static files on Amazon Simple Storage Service. To simplify time-consuming administrative tasks, AWS Management Console completes replication, scaling and other difficult procedures associated with databases with a basic API call, enabling maximum performance across the board. Fueling Business Growth with Data Processing Prowess Expedia had engaged the AWS team in 2010 with a similar goal: improve processing speed and accuracy to keep site abandonment…

The X200 series marks the latest effort by Vivo to crack the global smartphone industry’s lucrative high-end segment.

The X200 series marks the latest effort by Vivo to crack the global smartphone industry’s lucrative high-end segment.

GoTyme Bank, a collaboration between the Gokongwei group of companies and the multi-country digital banking group Tyme, recently signed a Memorandum of Agreement (MOA) with the Philippine National Police Anti-Cybercrime Group (PNP ACG) in a bid to crack down on cybercriminals and bring them to justice, further strengthening defenses against online threats.

The e-commerce rivals’ respective promotions look to benefit from healthier consumer spending on the back of Beijing’s stimulus measures.

The e-commerce rivals’ respective promotions look to benefit from healthier consumer spending on the back of Beijing’s stimulus measures.

‘Drawbacks are obvious’, and both cities must upgrade to ‘wield more influence’ in global shipping, says Hong Kong’s former chief executive.

We explore how Alfamart and Indomaret are leading the e-grocery race and look at a cybersecurity firm that’s raised funds.

OneCFO, an AI-powered financial management service platform in the Philippines, has raised US$500,000 in pre-seed funding from undisclosed angel investors. The investment will be used to develop its suite of B2B financial management apps and hire people. Also Read: AI will transform customer service, risk management in financial services: finbots.ai CEO The startup has also […] The post OneCFO bags US$500K to automate financial management for Philippine SMEs appeared first on e27.

The Beijing-based think tank warned that transferring AI models trained on Nvidia GPUs to domestic solutions involved ‘complex engineering’.

This transition occurs as current CEO and founder Dino Ying assumes the position of executive chairman.

A critical factor in Boeing's troubles is the strike of over 30,000 machinists, which began on 13 September.

The banks will cut rates by at least 30 basis points below the benchmark Loan Prime Rate, effective 25 October.

In The Prompt this week, we map the key genAI startups in India and discuss Singapore's role as the AI hub of Southeast Asia.

Which Indian tech players are on the rise? Our automated tracker spotlights their investment hauls in the last 10 years.

Hikvision has publicly denied plans for any "large-scale layoffs," but acknowledged making internal adjustments.

Beijing has not disclosed the exact number of individuals under investigation.

The country holds plenty of opportunities for tech startups to develop new and innovative solutions.

The tech hub has been a bastion of innovation and collaboration - here’s a look at how it developed over the years.