Asia-Pacific Trends
Asia-Pacific Trends
Asia-Pacific market trend intelligence tracks cloud service, regional ISP, national telecom, data centre, and institutional infrastructure signals across Asia-Pacific internet infrastructure markets. BTW.
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Asia-Pacific Institutional Trends
Meta’s strategic partnership with Tencent opens new horizons for VR in China
Meta’s agreement with Tencent brings affordable VR tech to China, but regulatory challenges loom in a market they haven’t accessed for 14 years.
Asia-Pacific Cloud Services Trends
South Korean President Yoon Suk Yeol and Japan’s Fumio Kishida set for tech cooperation roundtable
The leaders of Japan and South Korea are going to participate in a roundtable.
Asia-Pacific Cloud Services Trends
NVIDIA sidesteps U.S. export rules, makes new chip series for booming China market
NVIDIA has announced a new chip series for China, getting around U.S. export rules.
Asia-Pacific Cloud Services Trends
Flipkart’s billionaire founder hopes to become world’s AI service provider
Bansal aims to harness the vast population of English-speaking youth in India to create a pool of experts in new AI services, in response to the global demand for AI professionals.
Asia-Pacific Cloud Services Trends
China AI startup 01.AI valued at $1B in eight months
A new LLM from China called Yi has attracted massive interest and investment after outperforming established models like Meta’s Llama 2.
Asia-Pacific Cloud Services Trends
Microsoft invests A$5B to fuel Australian cybersecurity, tech
Microsoft is making an unprecedented A$5 billion (2.6 GBP) investment in Australia, aimed at expanding the nation’s digital infrastructure, boosting cybersecurity, and enhancing AI adoption. Microsoft’s investment is intended to support Australia’s economic competitiveness and…
Asia-Pacific Cloud Services Trends
Metro rail ticket booking in India now possible via Google Maps
Google is making commutes smoother in India by enabling metro ticket bookings via its Maps app. The tech giant has joined forces with India’s Open Network for Digital Commerce (ONDC) to introduce this booking feature across major metro cities. The collaboration also includes…
Asia-Pacific Cloud Services Trends
X Faces $610,500 Fine in Australia for Failing Anti-Child-Abuse Standards
Image credit: Wirestock via Freepik Australian authorities have imposed a hefty fine of $386,000 (A$610,500) on Elon Musk’s social media platform, X, because of its failure to cooperate in a probe into anti-child-abuse practices. This action reflects the increasing scrutiny tech…
Asia-Pacific Cloud Services Trends
China Unveils Stricter Regulations for AI Training Data
China has recently introduced stringent security requirements for companies offering services powered by generative artificial intelligence (AI). This development, announced by the National Information Security Standardization Committee, is aimed at curbing the misuse of AI…
Asia-Pacific Cloud Services Trends
Spotify Premium to Offer Instant Access to 150,000+ Audiobooks
Imaged credit: lookstudio via Freepik Last year, Spotify announced its plans to introduce audiobooks into its platform, aiming to become a comprehensive hub for audio content. Users in the U.S., Canada, U.K., Ireland, Australia, and New Zealand now have opportunity to explore…
Asia-Pacific Cloud Services Trends
Tech Giants in South Korea Cut Down on Labor Forces Following Losses
South Korea’s top Internet company Kakao and leading game developer Com2uS are reducing the size of their virtual world teams after their virtual world platform posted huge losses in the first half of 2023, according to a local news agency. South Korea’s Kakao, Com2Us Wind Down…
Asia-Pacific Cloud Services Trends
MAXST AR SDK 6.0 Released with Improved Tracker Performance
This week, South Korean AR platform MAXST announced that its AR application development tool MAXST AR SDK 6.0 has been updated to MAXST AR SDK 6.1.0. The update brings significant enhancements to the recognition performance of its trackers, offers a more immersive and realistic…
Asia-Pacific Institutional Trends
AI-Backed ELSA Secures $45.5M in Series C Funding
Image credit: ELSA ELSA has successfully concluded a Series C funding round, securing $45.5 million. The funding, led by UOB Venture Management, brings ELSA’s total capital to $60 million. The English language learning platform, in turn, has reiterated its commitment to advanced…
Asia-Pacific Cloud Services Trends
New Zealand to Introduce 3% Digital Services Tax on Global Tech Giants
The New Zealand government is gearing up to unveil new legislation on Thursday, August 31st, enabling the implementation of a 3% “Digital Services Tax” (DST) on the revenues of prominent multinational technology companies. However, enforcement of this tax is anticipated to…
Asia-Pacific Institutional Trends
Australia’s Lower July Inflation Strengthens Case for RBA Interest Rate Pause
Data released on Wednesday revealed Australia’s July inflation rate falling below expectations, reflecting a global trend. This development supports the Reserve Bank of Australia (RBA) in maintaining its current interest rate policy at its meeting next week. Inflation Continues…
Asia-Pacific Cloud Services Trends
Narendra Modi Advocates Global Cryptocurrency Framework
At the recent G20 summit, Indian Prime Minister Narendra Modi expressed his approval in establishing comprehensive global regulations for cryptocurrencies. Modi’s emphasis on embracing technological progress and adopting a unified approach signals a potential shift in India’s…
Asia-Pacific Cloud Services Trends
Vietnam’s VinFast Makes Striking Debut on Nasdaq
Vietnam’s VinFast Makes Striking Debut on Nasdaq VinFast Auto Ltd. has ignited a remarkable surge on its first day of trading on Nasdaq, signalling its ambitious entry into the electric vehicle (EV) landscape as it takes on well-established automakers. With an astounding 255…
Asia-Pacific Institutional Trends
China’s Ministry of Industry and Information Technology Sets Ambitious Course for Robot Development
China’s MIIT unveils ambitious plan for robot dev. Beijing joins with proactive policies. Humanoid robots, next frontier. More players enter the market, hinting big strides. China’s Ministry of Industry and Information Technology (MIIT) has unveiled its strategic plan to bolster…
Asia-Pacific Cloud Services Trends
Tesla Ensures Data Privacy & Localization in China
Tesla shifts gears as it campaigns deeper into the Chinese market. Discover Tesla’s ingenious ways to win the heart of China’s drivers and the approval of its legal system. Tesla Ensures Data Privacy and Localization for Chinese Market Tesla has taken significant steps to address…
Asia-Pacific Cloud Services Trends
SK Telecom's Anthropic investment turns telco AI strategy into a capital partnership
SK Telecom's Anthropic investment is an event about capital, model access and telecom-specific AI control. SK Telecom announced an additional USD 100 million investment in Anthropic and a partnership agreement to build a large language model customized for telecom operators. The…