AsiaConnect Team

South Korea to Build $1.7 Billion AI Center by 2027

South Korea is set to invest $1.7 billion in the development of a state-of-the-art Artificial Intelligence (AI) center, which is…

Instagram Introduces New Safety Features for Teens in Singapore, Including ‘Sleep Mode’ to Mute Notifications at Night

Instagram has rolled out a new set of safety features aimed at enhancing the well-being of teens in Singapore. These…

KKR Hires Goldman Sachs to Sell Stake in PH Fintech Maya

Private equity firm KKR has reportedly hired Goldman Sachs to help sell its stake in Philippine fintech company Maya, according…

American EV Startup Canoo Files for Bankruptcy, Ceases Operations

Canoo, an American electric vehicle (EV) startup, has filed for bankruptcy and officially ceased its operations. The company, which once…

Malaysia’s Ambitious Plan to Lead in Digital Finance: PM’s Vision for Cryptocurrency and Digital Assets

In a move that underscores Malaysia’s ambitions to become a global leader in digital finance, the Malaysian government, led by…

German Robotics Startup Raises $120 Million for AI-Powered Humanoid Robots

In a groundbreaking development, a German robotics startup has successfully raised $120 million in funding to further advance its innovative…

Macquarie Group Invests $5 Billion in AI Data Centers to Fuel Growth in AI Infrastructure

In a significant move to support the booming demand for artificial intelligence (AI) infrastructure, Australian financial giant Macquarie Group has…

Apple Faces $1.8 Billion UK Lawsuit Over App Store Commission Fees

Apple is facing a significant legal challenge in the United Kingdom, as the company is being sued for $1.8 billion…

Techman Robot Aims to Outpace Collaborative Robot Growth with AI-Enabled Innovations

Techman Robot, a leading player in the collaborative robotics (cobot) industry, is positioning itself to outpace the growth of collaborative…

Meta Faces Allegations of Using Pirated Books for AI Training with LibGen Dataset

Meta, the parent company of Facebook, Instagram, and WhatsApp, is facing serious allegations of using pirated books for training its…