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Homegrown multi-brand cloud kitchen operator Hangry has raised US$10.5 million in its Series A5 funding round, the company said on Wednesday, as it seeks to expand operations and push into foreign markets.
3 days agoThe e-commerce colossus known for its promise of quick deliveries showed off robotic arms and other high-tech warehouse tools in Silicon Valley, saying AI is not only powering innovations but accelerating how quickly they are developed by the second largest employer in the United States. ...
3 days agoThe state asset fund faces significant financial risks and must exercise caution as it considers carbon capture and storage (CCS) projects, as the current carbon price offers a negligible incentive against costs that can be 50 times higher, a leading energy analyst warned. ...
6 days agoOne of the focuses in managing business is taking care of employees. Maintaining collaboration, productivity, and ensuring their wellbeing is important so that business operations can run smoothly. To achieve this, technology can be a key factor that can help both business owners and workers to progress further.
1 year agoThe Asia Internet Coalition (AIC) warns countries will pay the ultimate price for ending the moratorium, while small and emerging enterprises will be weighed down by significant extra costs.
1 year agoIn 2018, Traveloka launched its Buy Now Pay Later (BNPL) service (the Traveloka PayLater), making it the first platform in Indonesia to offer an alternative payment method primarily for underbanked individuals. Traveloka PayLater is a product of PT Caturnusa Sejahtera Finance (CSF), a financing company that is part of Traveloka Group. Now 6 years later, the service has evolved into a core component of Traveloka’s value proposition. It has experienced an average annual growth rate of more than 30%, with a 20% increase in its BNPL user base this past year alone.
1 year agoThe Indonesia Fintech Lending Association (AFPI) has asserted that cooperation between fintech platforms and universities is “not prohibited” by the fintech regulation, provided there is “prudent and compliant credit due diligence”.
1 year agoThe Financial Services Authority (OJK) has tightened capital requirements for venture capital (VC) firms and now categorizes them based on whether they provide more equity or more debt funding.
1 year agoCost 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.
1 year agoThe 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.
1 year agoThe 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.
1 year agoVenture 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.
1 year agoPitchbook recorded a 50 percent increase of venture debt in Indonesia to US$109 million in 2023.
1 year agoIndonesian 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.
1 year agoFinanciers 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.
1 year agoStart-ups in agriculture, farming, fisheries and related industries are seen as potential targets for investment in 2024, according to Amvesindo.
1 year agoThrough 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.
1 year agoExperts urged the government to focus on critical infrastructure legislation like the cybersecurity bill to prepare for binding AI rules.
1 year agoChina 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.
1 year agoBAKTI Kominfo announced on Friday that SATRIA-1 had successfully undergone a network trial, signaling nationwide connectivity readiness.
1 year agoEU 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.
1 year agoMandiri Capital Indonesia, a subsidiary of Bank Mandiri, will become the investment manager of the BTN Fund, with BTN as the sole investor.
1 year agoThe 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.
1 year agoThe 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.
1 year agoChinese 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.
1 year agoGravel cofounder and chairman Nicholas Sutardja says the fresh funds will be used to access new markets.
1 year agoIn 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.
1 year agoThat 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.
1 year agoThe 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).
1 year agoThe government has no intention of mirroring other nations' rules on how to put artificial intelligence in its place.
1 year agoResearchers feel AI systems trained on predominantly English language and Western culture fail to grasp unique cultural nuances and linguistic demands of Indonesia.
1 year agoIt sets out cybersecurity requirements for the design, development, production and the sale of hardware and software products.
1 year agoThe 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.
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