TechNave Business Bytes Week 3 June 2024: Malaysian Tech Scene Buzzing with Innovation and Growth

For this time around we'll start collating tech business news for the past 2 weeks, so without further ado, here's TechNave Business Bytes Week 2 and 3 of June 2024. This week in TechNave Business Bytes, we highlight the remarkable strides in Malaysia's technological landscape, from corporate social responsibility initiatives to groundbreaking partnerships and advancements in AI, 5G, and cybersecurity.

Samsung introduces hybrid AI features in the Galaxy S24 series, combining on-device and cloud-based AI for enhanced user experiences while prioritizing privacy. Coursera launches AI-powered features to improve academic integrity in online learning, addressing concerns about AI-assisted cheating in Malaysian universities.

The company is committed to signing the Shareholders Agreement upon completing the SSA process and is ready to showcase the economic benefits of 5G technology to various sectors. U Mobile currently offers affordable 5G mobile plans and various 5G-related enterprise solutions, including a successful 5G private network proof-of-concept for the logistics industry.

The initial phase of the data center is planned for 64MW and can be scaled up to 200MW in response to market demand. TM will contribute its expertise in the region's network infrastructure deployment to deliver customized data, connectivity, data center, and platform solutions. Nxera is developing three new AI-ready data centers in the region in addition to 62MW of existing capacity in Singapore.

Over two-thirds of currently active hardware in APAC will lose support by 2027. Only 59% of APAC enterprises align technology with business strategy, while 71% have aging or obsolete network assets. The report provides actionable insights to mitigate risks, optimize costs, and enhance sustainability through improved lifecycle management practices. Check out the full report here.

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