Digital Economy stories - Page 2

Commonwealth Bank has completed one of the Southern Hemisphere's largest AWS data migrations, boosting its AI capabilities with 2,000 models and 157bn data points.

Tata Communications integrates the TGN-IA2 submarine cable, boosting high-capacity, low-latency data links across Asia for enterprises and hyperscalers.

New Zealand's cloud spending is set to reach NZD $9.6 billion by 2028, but only a third of businesses are ready to exploit its full potential.

BW Digital has set a new data record, transmitting 1.2 Tb/s per wavelength over 4,300km of the Hawaiki Transpacific Cable using Ciena's WaveLogic 6 Extreme.

CyberNorth and Sage have partnered to boost the North East's cyber security sector, aiming to establish the region as a global innovation hub.

Equinix acquires three Manila data centres to bolster digital infrastructure amid the Philippines' USD $45bn digital economy surge in 2024.

Indosat and GoTo launched Sahabat-AI, a 70-billion parameter large language model supporting five Indonesian languages to boost local AI and digital sovereignty.

Superloop has been appointed to deliver and manage the digital network for Bradfield, a new city in Western Sydney set to house 10,000 homes.

ADVANCE.CBP opens new office in Makati, unveiling advanced credit scoring solutions to boost financial inclusion across the Philippines.

Fundbox shifts from direct lending to embedding capital infrastructure in platforms, aiming to bridge the USD $2 trillion small business credit gap.

Alibaba Group and SAP have teamed up to boost enterprise innovation in China, with plans to extend their cloud and AI collaboration across Asia, the Middle East and Africa.

Australia's data centre market is booming, with regional sites rising fast due to AI advances and renewable energy, doubling facilities in five years.

Velocity raises USD $10 million in pre-seed funding to build a stablecoin platform, aiming to simplify cross-border payments for enterprises.

ST Engineering and IMDA launch SME CyberResilience to provide 2,000 Singapore SMEs with free cyber threat scanning and expert guidance.

Alibaba Cloud and IMDA launch a Digital Accelerator Programme to help 3,000 Singaporean SMEs adopt cloud and AI technologies, supporting digital growth.

Malaysian HR tech startup BrioHR raises USD $6.5 million to expand AI-driven solutions, aiming to boost ASEAN's digital workforce ahead of the 2025 Summit.

Vertiv has opened its new Sydney HQ with the first Customer Experience Centre in Australia, enhancing support for the nation's growing digital economy.

Sinch is named a Tier 1 vendor in ROCCO’s 2024 RCS Messaging Market Impact Report, praised by operators in 64 countries for technical strength and reliability.

Red Hat boosts hybrid cloud and AI workloads by expanding partner support and releasing Red Hat Enterprise Linux 10 across major cloud platforms.

Temu has joined the International Anti-Counterfeiting Coalition's Marketplace Advisory Council to strengthen efforts against online counterfeit goods.