AsiaConnect Team

SoftBank Invests $40 Million in Irish Fintech Firm Nomupay, Boosting Its Growth Journey

SoftBank, one of the world’s leading investment groups, has announced a significant $40 million investment in Nomupay, an innovative Irish…

AWS Expands Global Footprint: New Data Centers and Enhanced Nvidia AI Chip Access Signal Future-Ready Innovation

In a significant move reinforcing its dominance in the global cloud infrastructure market, Amazon Web Services (AWS) is expanding its…

Tencent’s New AI Innovation Aligns Preferences Without Retraining: HoE Outperforms 15 Leading Baselines

Tencent has unveiled a groundbreaking advancement in artificial intelligence with the introduction of a new preference alignment method called HoE…

Insilico Medicine CEO Predicts AI-Developed Drugs Will Be Market-Ready by 2030

The intersection of artificial intelligence (AI) and biotechnology is set to transform global healthcare, and Insilico Medicine, a leading biotech…

Baidu Faces Low Expectations Ahead of Earnings Release Amid AI Push

Baidu Inc. (NASDAQ: BIDU), China’s leading internet search and AI technology company, is set to release its Q1 2025 earnings…

Indonesian Ride-Hailing Drivers Protest Low Pay and Merger Fears Across Major Cities

Thousands of ride-hailing drivers across Indonesia have taken to the streets to protest against low wages and growing concerns over…

01.AI Co-Founder Gu Xuemei Exits as Company Shifts Focus to Enterprise Solutions

In a significant leadership change, Gu Xuemei, co-founder of fast-growing AI startup 01.AI, has exited the company following a strategic…

Intel Challenges $421.4 Million EU Antitrust Fine in Court: A Fight Over Competition and Fairness

Tech giant Intel has taken legal action to challenge a $421.4 million antitrust fine imposed by the European Union, reigniting…

Maybank Indonesia Partners with VinFast to Fund $20M EV Plant, Boosting Indonesia’s Green Goals

In a strategic move toward sustainable development and green mobility, Maybank Indonesia has partnered with Vietnamese electric vehicle (EV) giant…

Quanta Boosts AI Server Investment by 40% as Demand Surges: AI Servers Now Drive 70% of Revenue

Taiwanese technology giant Quanta Computer Inc. has announced a significant 40% increase in AI server spending, signaling its strong commitment…