LATEST REGIONAL PROJECT UPDATE
2 JAPAN
3
SINGAPORE
Leading cloud streaming provider Ubitus has been selected for Japan ’ s METI ‘ GENIAC ’ program to develop a 405B East Asian language AI model .
The GENIAC program aims to enhance Post- 5G Information and Communication System Infrastructure R & D Project / Post-5G Information and Communication System Development .
Through this initiative , Ubitus will develop a 405B AI LLM optimized for tourism and cultural content , which will be made open source .
This ambitious six-month project will harness 256 high-spec NVIDIA H100 GPUs for training . It will support three major East Asian languages – Chinese , Japanese and Korean – focusing on advancing AIdriven solutions for the tourism industry .
“ We are thrilled to receive this support from the Japanese government ,” said Wesley Kuo , CEO , Ubitus .
Singapore-based investment vehicle 5I Ventures ( 5IV ) has acquired a major stake in FoX-i LLC – the boutique fintech firm focused on algorithmic trading strategies in the Forex market .
Following the transaction , 5IV will be the new lead investor dedicated to supporting the next phase of FoX-i ’ s growth – expanding its position as a leading Fintech Partner of choice for FX investments across the Middle East and Asia .
FoX-i develops automated trading strategies which are delivered through customized trading algorithms to the financial industry .
Dieter Schlosser , Managing Partner , 5IV , said : “ FoX-i represents an innovative frontier in algorithmic trading . We see immense potential in their advanced strategies and are eager to help accelerate their global reach and impact .”
“ This initiative underscores our commitment to leading the next wave of AI innovation in East Asia .”
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INDONESIA
PT NEC Indonesia has opened NEC amuse hub – a technology solution center designed to accelerate the digital transformation of various industry sectors ,
Located at the Biomedical Campus within the Digital Hub , BSD City , the amuse – or amazing user-centric experience – hub is designed to interactively showcase NEC ’ s cutting-edge technologies , including Smart City , Smart Transportation Systems , Multi-modal Biometric Recognition , Submarine Cable System , Smart Manufacturing and Cybersecurity .
Joji Yamamoto , President Director of NEC Indonesia , said : “ With the presence of NEC amuse hub , we aim to introduce a wider audience to the various technologies and solutions that can improve Indonesia ’ s quality of life and security . NEC amuse hub . is a testament to our commitment to driving innovation and providing digital solutions to society .”
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