News

US advocacy group seeks ties with India on pending tech regulations
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17 June, 2024

US advocacy group seeks ties with India on pending tech regulations

While India sees itself as a nation poised to become a significant player in the global tech space, several issues...
ASEAN countries join hands for AI development
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17 June, 2024

ASEAN countries join hands for AI development

The ten members of the Association of Southeast Asian Nations have established a working group on AI governance and reiterated...
Project Leonidas update: Italian banks complete wholesale CBDC trial
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16 June, 2024

Project Leonidas update: Italian banks complete wholesale CBDC trial

The Italian Banking Association trialed a wholesale CBDC issuance within a DLT environment, with atomicity, transparency and traceability as the...
HSBC extends digital yuan services for corporate clients, eyes new use cases
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16 June, 2024

HSBC extends digital yuan services for corporate clients, eyes new use cases

With talks of the commercial rollout of the digital yuan just around the corner, HSBC has started offering corporate clients...
Alibaba’s updated Tongyi Qianwen AI model to rival offerings from Meta, OpenAI
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16 June, 2024

Alibaba’s updated Tongyi Qianwen AI model to rival offerings from Meta, OpenAI

In terms of capabilities, Qwen2 could challenge existing AI models developed by tech giants OpenAI and Meta, with features such...
Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud
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15 June, 2024

Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud

As more transactions are done online, the risk of fraudulent activities increases, forcing the Reserve Bank of India to set...