March 14, 2024
Tech News
OpenAI has announced partnerships with major news publishers like Le Monde and Prisa Media to integrate their content into ChatGPT, enhancing its training data and potentially setting a high financial barrier for AI rivals due to the costs of similar licensing agreements. This move could limit competition and innovation in the AI field, raising concerns about the impact on the news industry and the accessibility of valuable training data for smaller entities and researchers.
Malaysia’s Bank Muamalat is transitioning its core banking systems to the cloud with Google Cloud to improve operational efficiency, reduce costs, and enhance security. The move aims to leverage generative AI capabilities for personalized digital banking services and streamline IT operations. This digital transformation is part of the bank’s strategy to offer new Islamic financing products and improve customer service through faster and more secure banking processes.
The Malaysian government is reevaluating its electric vehicle (EV) charging infrastructure strategy, considering a shift towards more DC fast chargers (DCFCs) over AC chargers to reduce range anxiety and encourage long-distance EV travel. This change aims to better accommodate Malaysia’s high number of landed properties and support the national goal of having 10,000 EV chargers by 2025. The private sector primarily leads the construction of EV charging stations, with the government not directly providing chargers but aiming to facilitate their deployment.
GoGoX, an intra-city logistics firm in Asia, is integrating AI into its business operations to improve efficiency and customer service. The company has developed AI-powered solutions for order assignment, resource allocation, and customer support, automating processes from receiving orders to planning routes and matching drivers with job orders. This digital transformation aims to enhance the delivery ecosystem, offering personalized experiences for driver-partners and customers while exploring future technologies like IoT, blockchain, and autonomous driving.
Tech Explained
AI (Artificial Intelligence) – AI refers to the simulation of human intelligence processes by machines, especially computer systems. It involves tasks such as learning, reasoning, problem-solving, perception, and language understanding.
Cloud Computing – Cloud computing is the delivery of computing services, including servers, storage, databases, networking, software, analytics, and intelligence, over the internet to offer faster innovation, flexible resources, and economies of scale.
DC Fast Chargers (DCFCs) – DC fast chargers are high-powered charging stations that provide rapid charging for electric vehicles, significantly reducing the time required to charge compared to standard AC chargers. They are essential for enabling long-distance travel for EVs.
