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Tech in Asia
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- 1
Shares in Indonesian tech group GoTo fell sharply after the Indonesia Stock Exchange removed the price floor protecting the stock. The floor had capped how far the shares could fall, and its removal allowed the market to reprice the company downward. The move is drawing attention to pressure on one of Southeast Asia's most prominent listed technology firms.
- 2China Weighs Allowing Alibaba and ByteDance to Buy New Nvidia Chips●"China Considering Allowing Alibaba and ByteDance to Purchase New Nvidia Chips"
China is considering allowing Alibaba and ByteDance to purchase Nvidia's newest chips, according to a report from Asia Economy. The move would mark a shift in Beijing's stance on access to advanced US semiconductors for its largest tech firms, with implications for US-China trade and the global AI race.
- 3China's AI sector moves from catch-up to commercialization●China's AI sector is shifting from catch-up to commercialization. Source: DigiTimes Asia https://www. digitimes.com/news
China's artificial intelligence industry is entering a new phase, shifting from playing catch-up with Western rivals to focusing on commercialization, according to DigiTimes Asia. The report, tied to semiconductor developments including CXMT and hardware packaging, suggests Chinese firms are now turning AI research into marketable products and revenue, a sign of growing maturity in the country's tech sector.
- 4Founder shuts down AI startup despite early success▼Why this founder killed his AI startup despite early success
A founder has closed down his artificial intelligence startup even though the company was showing early signs of success. According to Tech in Asia, the decision highlights the difficult choices entrepreneurs face in the crowded AI sector, where early traction does not guarantee a viable long-term business. The full account of his reasoning has drawn attention from the startup community.