OpenAI CEO Sam Altman announced Monday that the company behind ChatGPT will continue to be run as a nonprofit, abandoning a contested plan to convert into a for-profit organization.
1 day agoWhile the project is pitched as a tool to streamline digital verification and potentially offer users a new income stream, it has drawn criticism over concerns about biometric data collection. ...
1 day agoApple on Friday relaxed its App Store payment rules in the face of a scathing court order, with Spotify quick to reap the benefit. ...
3 days agoIndonesian livestreamer Christine Febriyanti stood in a room crammed with clothes in Jakarta, hawking colorful garments to hundreds of viewers on a TikTok livestream for a local fashion brand.
1 year agoFounded in 1804 in Japan, Shimizu Corporation has been striving to create values for its clients in the field of design and build engineering with the spirit of master builder for over 200 years.
1 year agoBillionaire entrepreneur Elon Musk expects his brain-chip startup Neuralink to start its first human trial this year, he said on Friday in France.
1 year agoSoutheast Asia, a region with a collective population of 630 million - half of them under 30 - is one of TikTok's biggest markets in terms of user numbers, generating more than 325 million visitors to the app every month.
1 year agoResearchers and campaigners mull over the future of their industry as the virtual confronts the real.
1 year agoFounders of homegrown start-ups are increasingly taking on investor roles in early-stage ventures in a sign that Indonesia's startup ecosystem is maturing.
1 year agoWhat we need is a space for conversation, to engage and uncover all the quests that businesses like fintech companies struggle with in adapting to digital challenges. This issue was addressed in the Huawei Cloud Indonesia FinTech Summit, themed Unlocking New Growth in FinTech with Huawei Cloud.
1 year agoThe bill is designed to support local news organizations, which have been decimated in recent years as ad revenue bled away to Google and Facebook, both advertising behemoths.
1 year agoIndonesian mortgage tech start-up Ringkas gets early-stage investment from domestic and foreign venture capital firms.
1 year agoMost artificial intelligence (AI) development is happening elsewhere for now, but investors in Indonesia and abroad are ready to pounce on the use cases the cutting-edge technology promises to unlock in Southeast Asia’s largest economy.
1 year agoNusantara Capital City (IKN) is a megaproject of unrestrained ambition, as the planners of Indonesia’s future capital envision facilities straight out of science fiction.
1 year agoSoutheast Asia's coffee tech start-ups are securing funding and branching out to maximize profitability, pushing café culture against the tide of the "tech winter" in other sectors.
1 year agoMontana on Wednesday became the first US state to ban TikTok, with the law set to take effect next year as debate escalates over the impact and security of the popular video app.
1 year agoIndonesians can now use the popular Quick Response Indonesia Standard (QRIS) to make payments in Malaysia as the two countries take a major step forward in integrating digital transaction systems.
1 year agoThe Indonesian start-up, which offers supply chain solutions to direct-to-consumer (D2C) Praktis businesses, has secured US$20 million in first-round funding after posting quadruple sales growth in 2022.
1 year agoThe announcement came as Musk has been struggling, amid frequent controversy, to make Twitter profitable.
2 years agoLow insurance penetration in the country indicates that the market is still very wide and open for further expansion.
2 years agoIndustry insiders say the increasing role of institutions marks a natural progression for peer-to-peer (P2P) lending, but analysts point to possible liquidity risks.
2 years agoOne of the driving forces behind the cashless payments trend is the central bank's effort to provide the infrastructure, such as through QRIS and BI-FAST.
2 years agoAsking ChatGPT for investment advice has become a trend lately, with many users assuming perhaps that the bot’s ability to sift through lots of information almost instantaneously makes it perfect for finding the best path through the complex financial jungle.
2 years agoA survey conducted by Boston Consulting Group in collaboration with Indonesia’s AC Ventures shows that financial technology users are having a hard time choosing which app to rely on.
2 years agoChina is ramping up efforts to develop home-grown semiconductor talent as it seeks to rapidly fill a shortage of expertise that has been made worse by US efforts to limit Beijing's access to advanced chip technology.
2 years agoPT Bukalapak.com has posted a full-year net profit of Rp 1.9 trillion (US$1.2 billion) for 2022, but that was mostly owed to a strong first quarter thanks to unrealized investment gains.
2 years agoThe investment, which was completed a year after a failed IPO, is aimed at helping Kredivo with existing business operations and support its move into digital banking.
2 years agoA weak cash position and aggressive competition make the journey a hard one for Indonesia’s biggest tech firm, analysts say.
2 years agoAs Indonesian companies rise to make a global impression, threats abound that can hinder seemingly precarious growth, including common ones like fraud. Luckily, this issue is no stranger to founder and CEO Edwin Budiman of ED-SEN Consulting.
2 years agoThe state preemployment card program has contributed close to Rp 240 billion (US$15.6 million) in non-tax revenue in the three years since it was established, the program’s supervisors have said.
2 years agoIBM views its business partners as a critical part of the ecosystem and therefore, it enhances its engagement, provides partners with access to resources, incentives and tailored support to thrive and evolve.
2 years agoHomegrown start-up Waste4Change signed seven business agreements worth a total of US$16.1 million on Wednesday, as more firms seek to take advantage of its waste management systems.
2 years agoThe Association of Indonesian Venture Capital and Start-ups (Amvesindo) revealed on Monday that the number of active venture capital (VC) firms is decreasing but the combined assets they manage have been consistently rising up to the end of 2022 to Rp 25 trillion (US$1.6 billion).
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