AsiaConnect Team

China unveils $47.5b fund to power semiconductor industry

In a bold move to bolster its semiconductor industry and assert technological sovereignty, China has unveiled a monumental $47.5 billion…

The Rise of Nilesh Dattaram Bhagat: A Journey of Passion and Purpose in the Fashion Industry

Pharrell Williams once said, “Fashion has to reflect who you are, what you feel at the moment, where you’re going.”…

IBM and AI Singapore Forge Collaborative Effort to Enhance Sea-Lion Model

In a significant stride towards advancing artificial intelligence (AI) capabilities, IBM has joined forces with AI Singapore (AISG) to enhance…

Mekong-backed F88 Bounces Back with $1.2 Million Profit in Q1 2024

F88, a prominent financial services company backed by Mekong Capital, has made an impressive comeback by reporting a $1.2 million…

xAI’s Ambitious Leap: Revolutionizing AI with a $6 Billion Boost to Challenge Rivals like OpenAI

In the dynamic arena of artificial intelligence (AI), every stride forward marks a monumental leap toward the future of technology.…

Chinese AI Tutoring Apps Dominate US Learning Landscape: A Paradigm Shift in Education

In a notable paradigm shift within the realm of education technology, Chinese AI tutoring apps have surged in popularity, significantly…

The Alchemist Accelerator Expands Globally: Harnessing AI in Tokyo and Doha

In a rapidly evolving technological landscape, innovation is the key to staying ahead. The Alchemist Accelerator, renowned for its commitment…

ThinKuvate’s INR 100 Crore Fund: A Boost for Indian Tech Startups

ThinKuvate, a Singapore-based venture capital firm, has announced the launch of a groundbreaking INR 100 crore fund aimed at catalyzing…

Gate.io’s HK Arm Withdraws Crypto License Application Amid Regulatory Challenges

Gate.io’s Hong Kong subsidiary, Gate.HK, has decided to withdraw its application for a cryptocurrency license, citing the stringent regulatory environment…

Prominent ByteDance Investor Source Code Capital Prepares New $300M AI-Centered Fund

Source Code Capital, a leading investment firm known for its strategic investments in technology giants like ByteDance, is reportedly preparing…