- Micron Technology is investing US$7 billion to build a new chip-packaging facility in Singapore, focusing on advanced packaging solutions. This expansion aims to enhance Micron's production capabilities to meet the growing demand for AI applications.
- Hong Kong and Gulf nations are strengthening their collaboration in finance, AI, logistics and infrastructure to deepen economic ties. This partnership aims to leverage mutual strengths, enhance investment opportunities and promote economic growth in both regions.
- AI is poised to transform 38 million jobs in India by 2030, potentially boosting the economy's productivity by 2.61% through advancements in the organized sector, with an additional 2.82% increase possible through generative AI adoption in the unorganized sector. A report by EY India indicates that 24% of tasks across industries could be fully automated, and another 42% enhanced by AI.
- Bythen, an Indonesian startup specializing in digital character generation, has secured $5 million in seed funding. Their platform enables users to create 'Bytes'—customizable, AI generated digital characters for various online interactions and content.
- Hong Kong's publishing industry is undergoing a transformation through the integration of AI, enhancing efficiency in tasks like proofreading, translation, and marketing. Companies including DCG Mirage are leading this shift by introducing AI tools like "WhatsBook" and "BooksGPT" to streamline content production and meet the growing demand for personalized and rapidly produced content.
- A South Korean advisory panel has recommended that the country's judiciary develop proprietary AI models tailored for court use. This initiative aims to enhance judicial efficiency and accuracy while addressing concerns about the transparency and fairness of AI-driven legal decisions.
- A new report has found that Singapore's substantial investments in AI necessitate that its workforce is equipped with the necessary skills to effectively apply the technology. This requires prioritizing training, addressing ethical concerns and continually fostering a culture of AI literacy.
- The Hong Kong Industrial Artificial Intelligence and Robotics Centre (FLAIR) made its international debut at CES 2025 in Las Vegas, showcasing advanced AI and robotics solutions aimed at enhancing industrial efficiency and sustainability.
- AI is transforming India's healthcare sector by improving diagnostics, enhancing patient care, and expanding access through telemedicine. However, to fully realize this opportunity, challenges like data privacy, ethical concerns, and robust regulatory frameworks must be addressed.
We hope you found this edition interesting and insightful—look out for our weekly updates with more AI news, research and analysis.
