CDP Institute

MulticoreWare, a global technology company offering solutions and products related to compilers, machine learning & AI analytics, video encoding and autonomous mobility inaugurated its R&D facility at Amrita University to pursue joint research activities. This step is an important milestone in the partnership between two organizations.

The Singaporean data center firm has officially announced its expansion into India. The company this week said it had entered into a partnership with National Investment and Infrastructure Fund (NIIF) and AGP DC InvestCo Pte Ltd (AGP) to develop a pan-India portfolio of hyperscale data centers.

Snowplow, the industry leader in data creation and behavioral data, has announced the acquisition of Sydney-based Poplin Data, Snowplow’s exclusive integration and enablement partner in Australia and New Zealand. The acquisition of the data-specialist consulting firm, which helps organizations achieve a competitive advantage through deployment of sophisticated data-led strategies, has supported customers within the Snowplow ecosystem for six years.

Federal government agencies will be able to easily tap IBM’s artificial intelligence, quantum computing and emissions software under a $725 million five-year technology program signed by the Commonwealth. The agreement locks in IBM as one of eight vendor-sourced agreements that give federal agencies access on preferred terms to key cloud, main frame, desktop and enterprise software, hardware, and support services.

The Consumer Data Confidence Research by Visa reports that almost eight out of 10 (77%) of Singaporean consumers want the option to control their data rather than leaving it up to the discretion of companies and government.

Grab Vietnam and ZaloPay E-wallet have officially announced their collaboration to launch ZaloPay on the Grab app. Both parties said in a statement that payment via ZaloPay is now available for almost all Grab app services, including transport, food and grocery, and parcel delivery.

Over a year after grabbing $4 million in pre-seed funding, Chile-based Kredito, a business lending startup, is back with another $6 million in new funding. The company launched to the public in 2021 and partners with financial institutions to help small businesses with their spend management, access digital unsecured loans, open a bank account and obtain a business credit card. Kredito analyzes risk by using a proprietary algorithm and alternative data to evaluate credit risk more inclusively than traditional banks, and in real time.

HealthAtom, cloud-based software for clinics and health centers to manage their business, announced a Series A for US$10 million. This is the first institutional round of this startup, founded in Chile in 2009. Focused on medium and small healthcare providers, HealthAtom currently has 6,500 clients and commercial offices in Chile, Colombia, and Mexico. The plan is for the capital to be used to continue expanding in Latin America and to create a single platform for healthcare technology solutions, where clinics can be interconnected with the healthcare and financial ecosystem.

Meta’s main subcontractor for content moderation in Africa, Sama, announced earlier Tuesday the closure of its content moderation arm at its hub in Kenya, citing the need to streamline operations. This comes months after Sama and Meta were sued in the East African country for union busting and exploitation, and just weeks after another lawsuit called for Meta to increase its content moderation capacity in Kenya.

Tunisia-founded enterprise artificial intelligence (AI) startup InstaDeep has been acquired by Nasdaq-listed German biotech company BioNTech SE in a deal that could eventually be worth GBP562 million (US$684m) to its shareholders.

Tanzanian fintech startup NALA has officially launched in the European Union (EU), adding 19 new countries to its list of send countries and aiding its mission of connecting Africans globally.

Toyota Australia has taken the extra-ordinary step of transforming its former car-assembly site in Melbourne into a $100 million pre-delivery mega centre that aims to trim delivery times for new vehicles. Preparing a new car ahead of customer handover typically takes dealerships hours, days, or weeks depending on the options fitted to each vehicle. However, with the pre-delivery process now on an industrial scale, Toyota Australia can put the finishing touches on up to 270 vehicles a day – one car every two minutes.