Tech News: Startups, Fintech, AI & Digital Innovations

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Jakarta Post
Tech premium

Government turns to AI to track wealthy taxpayers and their assets

The Tax Office is developing an AI-assisted dashboard to track the assets of wealthy individuals and detect potential discrepancies in real-time, with taxpayer data protection a top priority.

2 hours ago
Tech

AI investment keeps global growth around 3%, with major Asia benefits: IMF

Strong investment in AI infrastructure is keeping global growth at around 3 percent, yielding major benefits for many Asian economies that supply the hardware, International Monetary Fund Managing Director Kristalina Georgieva said on Monday. ...

2 days ago
Tech

Harness engineering can scale development of Indonesia’s digital economy

Harness engineering is a method to build the software tools, guidelines and feedback mechanisms around an AI model to help it operate as a reliable, autonomous agent. ...

3 days ago

The Latest

Tech premium

Poultry tech start-ups still yet to solve cost hurdle for smallholders

Cost is one of the major challenges poultry agritech start-ups are facing as they try to help smallholder farmers adopt their solutions for better efficiency in a volatile industry.

2 years ago
Tech

Wanted crypto boss Do Kwon's Terraform files for US bankruptcy

The collapse of the Singapore-based firm's TerraUSD and Luna wiped out around $40 billion in investments and caused wider losses in the global crypto market estimated at more than $400 billion.

2 years ago
Tech premium

Hacker for hire: Cyber counterattacks a growing business in Indonesia

The members of this group identify themselves as ethical hackers or white hat hackers, which implies the use of their hacking skills for good, rather than for malicious purposes.

2 years ago
Tech premium

VC industry hopes for market turnaround in second half of 2024

Venture capital firms suggest a possible rebound of Indonesia’s tech sector could begin later this year, though the first half of 2024 will likely remain under the shadows of the 2023 decline marked by mass layoffs and business closures.

2 years ago
Tech premium

Venture debt fills gap as equity funding falters

Pitchbook recorded a 50 percent increase of venture debt in Indonesia to US$109 million in 2023.

2 years ago
Tech premium

Indonesia sees fintech investments down by half in 2023: report

Indonesian fintech saw only US$765 million in funding last year, down from $1.6 billion in 2022, according to private data market research firm Tracxn.

2 years ago
Tech premium

VC firms to keep focus on fundamentals but eye early-stage deals in 2024

Financiers agree 2024 will be about managing risks by prioritizing strong fundamentals, but while some investors expect a year of squeeze, others are looking beyond immediate financial returns.

2 years ago
Tech premium

Local VC firms eye agriculture, food tech amid tightening global food security

Start-ups in agriculture, farming, fisheries and related industries are seen as potential targets for investment in 2024, according to Amvesindo.

2 years ago
Tech

New York Times sues OpenAI, Microsoft in copyright clash

Through their AI chatbots, the companies "seek to free-ride on The Times' massive investment in its journalism by using it to build substitutive products without permission or payment," the lawsuit said.

2 years ago
Tech premium

Indonesia's AI guideline toothless and ineffective, analysts say

Experts urged the government to focus on critical infrastructure legislation like the cybersecurity bill to prepare for binding AI rules.

2 years ago
Tech

China to conduct sea trials for its first ultra-deepwater drilling ship

China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 meters, a key step toward beefing up the country's deep-sea oil and gas exploration capabilities.

2 years ago
Tech

SATRIA-1 satellite clears network test, ready for use in 2024

BAKTI Kominfo announced on Friday that SATRIA-1 had successfully undergone a network trial, signaling nationwide connectivity readiness.

2 years ago
Tech

EU strikes deal on landmark AI law

EU member states and lawmakers clinched a deal on Friday on how to draft "historic" rules regulating artificial intelligence models such as ChatGPT -- after 36 hours of negotiations.

2 years ago
Tech premium

BTN forms Rp 400b fund to invest in property tech start-ups

Mandiri Capital Indonesia, a subsidiary of Bank Mandiri, will become the investment manager of the BTN Fund, with BTN as the sole investor.

2 years ago
Tech premium

Businesses vigilant as revised digital tech law opens door for govt interference

The Communications and Information (ICT) Ministry said that the objective of the article is to maintain a level playing field in the country's digital realm.

2 years ago
Tech

China-made C919 passenger jet to make first flight outside mainland

The C919 made its maiden commercial flight in May and is key to Beijing's decades-long ambitions to compete with Western rivals in the air and cut down China's reliance on foreign technology.

2 years ago
Tech premium

ByteDance, GoTo to team up to save Indonesian TikTok Shop: report

Chinese super app TikTok has agreed to invest in a unit of tech giant GoTo and cooperate on an online shopping platform to save the Indonesian TikTok Shop.

2 years ago
Tech premium

Construction start-up Gravel secures $14m for global expansion

Gravel cofounder and chairman Nicholas Sutardja says the fresh funds will be used to access new markets.

2 years ago
Tech

Spotify to reduce staff by 17% in second layoff this year

In the latest third quarter, the company swung to a profit aided by price hikes in its streaming services and growth in subscribers in all regions, and forecast that its number of monthly listeners would reach 601 million in the holiday quarter.

2 years ago
Tech

Government, Google reach deal to support Canadian media

That threat was made in response to Ottawa's Online News Act, which was due to come into force on December 19. Meta has also pushed back against the looming regulations.

2 years ago
Tech

Bitcoin soars past $40,000 on optimism for US trading approval

The digital asset has skyrocketed this year, gaining nearly 150 percent, with expectations growing that US regulators will allow the creation of exchange-traded funds (ETFs).

2 years ago
Tech premium

Indonesia pursues local, softer approach to AI regulation

The government has no intention of mirroring other nations' rules on how to put artificial intelligence in its place.

2 years ago
Tech premium

Singaporean researchers to help create Indonesian language-based AI

Researchers feel AI systems trained on predominantly English language and Western culture fail to grasp unique cultural nuances and linguistic demands of Indonesia.

2 years ago
Tech

Europe agrees on rules to protect smart devices from cyber threats

It sets out cybersecurity requirements for the design, development, production and the sale of hardware and software products.

2 years ago
Tech

AI Journey 2023: A vision of the future

The eighth AI Journey international conference, held in Moscow from Nov. 22 to 24, was a major platform for the discussion of artificial intelligence (AI) in its current state.

2 years ago
Election Updates premium

Presidential candidates to regulate AI, eye more rules for digital economy

Indonesia’s 2024 presidential candidates have presented their visions of how they will manage the country’s quickly growing digital economy if they are elected.

2 years ago
Tech premium

Shrimp farming start-up Jala nets $13.1m in series A round

Jala has raised US$13.1 million in a series A round as the company sets its sights on expansion into remote areas of the country.

2 years ago
Tech premium

A Whoosh and a sigh: A speedy ride with some transit hassle

Passengers appear content with the high-speed part of the journey, but less so with the connection in Bandung regency.

2 years ago
Tech premium

Telkomsel's rebranded VC arm plans flurry of investment

Telkomsel Mitra Inovasi (TMI), the venture capital arm of state-owned telecommunications operator Telkomsel, has rebranded itself as Telkomsel Ventures and launched a second fund to invest in digital economy firms.

2 years ago
Tech premium

Internet providers say cutthroat competition causes slow speeds

Many internet business players have called for government intervention to deal with the excessive number of internet service providers (ISPs) saturating the market, which they blamed for fueling cutthroat competition and dragging down efforts to improve the country’s internet quality.

2 years ago
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Today's ePost

Wed, October 14, 2026

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