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Japan Conducts Fact-Finding Survey on AI

Japan Conducts Fact-Finding Survey on AI

by Teuvo Tuomi | Oct 4, 2024 | Digitalization, AI, Japan, News, Technology

The Japan Fair Trade Commission (JFTC) will launch a fact-finding survey on the generative artificial intelligence market. Some are concerned about the impact of generative AI on domestic firms, as U.S. IT giants and other firms are increasingly sequestering the data,...
JR East Plans to Launch Self-Driving Trains

JR East Plans to Launch Self-Driving Trains

by Teuvo Tuomi | Sep 15, 2024 | Japan, AI, Digitalization, Technology, Transportation, Travel

East Japan Railway (JR East) plans to launch self-driving trains by the fiscal year 2028. JR East will deploy driverless trains with increasing degrees of automation. First, it will run bullet trains for the Joetsu Shinkansen line by fiscal year 2028. During the...
MAS Pledges S$100 Million for Quantum and AI Development

MAS Pledges S$100 Million for Quantum and AI Development

by Teuvo Tuomi | Jul 21, 2024 | Singapore, AI, ASEAN, Digitalization, Innovation, Investment, News, Southeast Asia, Technology

The Monetary Authority of Singapore (MAS) has promised an additional S$100 million (74.3 million USD) to bolster the development of quantum and artificial intelligence technologies within the financial sector. This investment, allocated under the Financial Sector...
Technology Spending Expected to Surge in Asia Pacific: Report

Technology Spending Expected to Surge in Asia Pacific: Report

by Teuvo Tuomi | Jun 20, 2024 | ASEAN, AI, Business, Innovation, News, Reports, Southeast Asia, Technology, Visions

Recently published “Asia Pacific Tech Spend Forecast” expects tech spending in the region to remain robust and grow by a compounded annual growth rate of 6.4% to 7.4% annually, reaching US$876 billion in 2027. Over the next few years, software spending would continue...
Hong Kong Expected to Get Over 5 Billion USD in New Investments

Hong Kong Expected to Get Over 5 Billion USD in New Investments

by Teuvo Tuomi | Jun 17, 2024 | Business, AI, China, Energy, Hong Kong, Investment, News

The recently established Office for Attracting Strategic Enterprises (OASES) has managed to lure 50 industry leaders to establish a presence in Hong Kong, underlining the city’s advantages such as geographical location and policy support. This is expected to bring...
ASEAN Announces New AI Pathway

ASEAN Announces New AI Pathway

by Teuvo Tuomi | Jun 9, 2024 | ASEAN, AI, Cambodia, Climate, Digitalization, News, Research, South Korea, Southeast Asia

ASEAN has announced the implementation of five AI-related activities by the ASEAN Committee on Science, Technology, and Innovation (COSTI). The initiatives aim to position ASEAN as a competitive player in the global AI (artificial intelligence) landscape.  Hem Vanndy,...
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