HKMA sets new guidelines for GenAI in banking
In a move aimed at steering the burgeoning use of generative artificial intelligence (GenAI) in Hong Kong’s financial sector, the city’s de facto central bank, [more…]
Category: Hong Kong
Qoo10 payment glitch sparks $400M rescue plan for South Korean small businesses
In a dramatic turn of events, South Korea is stepping in with a whopping $400 million to rescue small businesses left reeling from a colossal [more…]
DeepL expands into Asia with traditional Chinese translation
DeepL, the German AI translation startup valued at a whopping $2 billion, has unveiled traditional Chinese as its newest language option. This strategic move is [more…]
iFlytek unveils ambitious A.I. investment plan in Hong Kong
In a leap towards global innovation, iFlytek, a pioneer in China’s artificial intelligence landscape, has unfurled a five-year, HK$400 million (US$51.2 million) investment plan in [more…]
OpenAI to block China access in July
In a surprising twist, OpenAI has unveiled plans to cut off access to its tools and software in China starting in July, sparking a flurry [more…]
Meituan to launch food-delivery platform in Riyadh, marking first overseas expansion
Meituan, the Chinese on-demand local services giant, is gearing up for its first international expansion, with plans to launch its food-delivery platform in Riyadh, Saudi [more…]
Hong Kong Web3 Festival wraps up with Bitcoin boom and ETF hopes
Hong Kong’s recent Web3 Festival buzzed with enthusiasm as industry leaders and enthusiasts gathered to discuss the future of cryptocurrencies, particularly bitcoin. The festival concluded [more…]
Nvidia partners with Indosat Ooredoo Hutchison to establish A.I. center in Indonesia
Nvidia, the U.S.-based tech giant, is set to establish a $200 million artificial intelligence center in Indonesia, in collaboration with local telecommunications leader Indosat Ooredoo [more…]
How YouApp and DayOne are transforming online matchmaking
In the bustling world of online dating, where swiping left or right has become a daily ritual for many, a new wave of apps is [more…]
Ant Group’s Alipay+ set for major global expansion
Ant Group, the Chinese financial technology giant, is gearing up for a substantial expansion of its cross-border mobile payment service Alipay+. The company’s international arm, [more…]