Raiz, the micro-investing platform designed to make investing accessible, has announced its departure from the Malaysian market after four years of operation. This news comes as a surprise to some, as Raiz had positioned itself as a champion of financial inclusion, offering Malaysians a user-friendly platform to start their investment journey.
A Review of Raiz’s Malaysian Chapter
Launched in 2020 by a joint venture between Jewel Digital (a subsidiary of Permodalan Nasional Berhad or PNB) and Raiz Invest Australia, Raiz quickly gained traction among Malaysians seeking a convenient way to invest. Their app-based platform allowed users to start investing with as little as RM1, removing the traditional high barriers to entry associated with investing.
Despite its user-friendly approach, Raiz faced challenges in the competitive Malaysian financial landscape. Established players with robust investment products and extensive branch networks may have posed difficulties for the relatively new platform. Additionally, the relatively young Malaysian micro-investing market itself might not have reached the critical mass necessary for Raiz’s long-term sustainability.
Raiz is committed to ensuring a smooth transition for its Malaysian user base. A dedicated shutdown plan is in place, with RM3 million allocated to facilitate a structured and timely wind-down process. Existing users will be notified of the closure and provided with a timeframe to withdraw their invested funds.
Raiz is attributing its Malaysian exit to a strategic decision to focus on strengthening and expanding its core business in Australia. With a more established micro-investing market and a larger user base, Raiz believes it can achieve greater growth and profitability down under.
What This Means for Malaysian Raiz Users
Raiz’s departure doesn’t necessarily signify the end of micro-investing opportunities in Malaysia. Several local players are vying for a slice of this growing market, offering similar app-based investment platforms with low minimum investment requirements. As Malaysians become more financially savvy, the demand for accessible investment options is likely to remain strong.
For Raiz users in Malaysia, the news might be inconvenient, but not necessarily detrimental. Investors have ample time to withdraw their funds and explore alternative platforms that suit their needs. This could be an opportunity to compare features, fees, and investment options offered by various micro-investing players in the market.
For years, Apple has faced criticism for its walled garden approach, particularly regarding its Near Field Communication (NFC) technology. Used for contactless payments through Apple Pay, NFC access on iPhones has been exclusive to Apple devices. However, a recent development suggests a significant shift. Facing a potential antitrust fine from the European Union (EU), Apple has agreed to open up its NFC technology to third-party developers.
The EU Flexes Its Muscle
The European Commission launched an antitrust investigation into Apple Pay in 2021, accusing the tech giant of abusing its dominant market position by restricting access to NFC. This essentially limited how other mobile wallets could interact with contactless payment systems. The EU argued that Apple’s practices stifled competition and ultimately harmed consumers by limiting their options.
The potential consequences for Apple were significant. The EU can impose hefty fines on companies found guilty of antitrust violations, with fines reaching up to 10% of a company’s global annual revenue. Facing this financial pressure, Apple opted for a strategic move – opening up its NFC technology to appease regulators and avoid a potential billion-dollar fine.
How will this affect end users?
So, what does this mean for consumers? The short answer is more choice and potentially more innovative mobile payment solutions. With access to Apple’s NFC tech, third-party developers can now create mobile wallets that seamlessly integrate with contactless payment systems. This could lead to a wider variety of mobile wallet options, catering to different needs and preferences. It can also open up possibilities to use your iPhone as an access card and more.
For example, imagine a mobile wallet app that integrates loyalty programs or offers additional financial services alongside contactless payments. The possibilities are exciting, and increased competition could ultimately benefit consumers by driving innovation and potentially lowering transaction fees.
It’s important to acknowledge that Apple’s decision isn’t purely altruistic. While the EU probe undoubtedly played a role, Apple likely recognized the potential benefits of opening up access to the iPhone’s NFC. By allowing third-party integration, Apple can potentially expand its reach beyond its own device ecosystem. Imagine a scenario where Android phone users can leverage the iPhone’s secure NFC technology for contactless payments within their existing mobile wallets. This could introduce a whole new segment of users to Apple Pay, potentially strengthening its market position in the long run.
Exciting Possibilities Ahead as Third Parties Gain Access to the iPhone’s NFC
The opening up of the iPhone’s technology marks a turning point in the mobile payment landscape. While the full impact remains to be seen, it has the potential to foster a more competitive and innovative environment. Consumers can expect more choices, while developers can explore new functionalities within mobile wallets. This ultimately benefits everyone, driving progress and pushing the boundaries of what’s possible in the realm of contactless payments.
It’s important to stay tuned for further developments. While Apple has agreed to open up the iPhone’s NFC technology, the specifics of implementation and the timeline remain unclear. Additionally, it will be interesting to see how third-party developers leverage this new access and how Apple itself adapts its mobile payment strategy in response to a more open ecosystem.
U Mobile and EDOTCO, Malaysia’s leading mobile and digital services provider and telecommunications infrastructure company respectively, have inked a Memorandum of Understanding (MoU) to expedite the deployment of the country’s second 5G network. This strategic partnership leverages EDOTCO’s extensive tower infrastructure and expertise to empower U Mobile’s efficient and cost-effective rollout, aligning with the government’s dual network model.
Under the MoU, U Mobile gains access to EDOTCO’s vast network of towers, streamlining the identification of optimal locations with the aid of data-driven analytics and artificial intelligence. This collaboration aims to accelerate site acquisition and permit processes through streamlined collaboration with state agencies. Additionally, EDOTCO will ensure timely delivery of these sites, enabling U Mobile to bring its 5G network online faster and expand coverage across the country.
The partnership extends beyond infrastructure access. U Mobile and EDOTCO will explore various cost-efficient commercial arrangements for diverse infrastructure needs. This includes exploring options like “built-to-suit” sites for specific requirements, co-location opportunities at existing towers, and upgrades to existing infrastructure. Indoor coverage solutions are also on the table, ensuring comprehensive network reach within buildings. This joint effort aims to create a competitive offering that facilitates a timely and cost-effective 5G rollout.
Both parties acknowledge the significance of this collaboration. Woon Ooi Yuen, Chief Technology Officer of U Mobile, emphasizes how EDOTCO’s infrastructure footprint will strengthen their position as a key player in deploying the second 5G network. He highlights their commitment to delivering affordable and high-quality 5G services to Malaysians, unlocking the economic potential of this technology for consumers, businesses, and the public sector alike.
Gayan Koralage, Director of Malaysia Business at EDOTCO, echoes this sentiment. He views the partnership as a critical step towards accelerating Malaysia’s journey into a 5G-powered future. EDOTCO, as the nation’s largest tower company, is committed to working with mobile network operators like U Mobile to provide superior telecommunication solutions and shape the future of connectivity in the region.
This MoU builds upon a well-established relationship between the two companies. U Mobile has been a valued partner of EDOTCO since the latter’s inception in 2012, being their first non-Axiata commercial customer. Recently, U Mobile renewed its lease agreement with EDOTCO and is working on on-site consolidation plans, aiming to enhance network aesthetics while reducing operational costs. This further streamlines the 5G rollout process by leveraging existing infrastructure efficiently.
The U Mobile and EDOTCO partnership is a promising step towards a faster and more cost-effective deployment of Malaysia’s second 5G network. By combining U Mobile’s expertise with EDOTCO’s extensive infrastructure and focus on collaboration, Malaysians can expect to experience the benefits of 5G technology sooner and at a more accessible price point.
Samsung teased its upcoming Extended Reality (XR) headset during the recent Galaxy Unpacked event. The device promises to be a major player in the burgeoning XR market, potentially going head-to-head with the likes of Apple’s Vision Pro and Play for Dream’s MR. It’s probably worth noting that this headset wouldn’t be Samsung’s first foray into AR and XR headsets – does anyone remember the Galaxy Gear?
As mentioned by TM Roh, the President of Samsung’s MX division, at Unpacked, the company is collaborating with Google on the software side, leveraging Google’s expertise to create a seamless and immersive user experience. This partnership hints at an Android-based XR platform, potentially offering a familiar and user-friendly interface for Android users.
Samsung has been tight-lipped about the headset’s technical specifications and design. However, based on industry rumours, we can expect a powerful processor capable of handling the demanding graphics required for a truly immersive XR experience. The headset might also feature high-resolution displays and advanced tracking technology for precise hand and eye movements within the virtual world.
While a consumer launch seems slated for March 2025, Samsung is planning a developer release much sooner. An early version of the headset, codenamed “Moohan”, is expected to be available to developers by October 2024. This allows developers to create and optimize content for the platform before the official consumer launch, ensuring a robust library of games, applications, and experiences available from day one.
The developer release expected later this year will be a key indicator of the platform’s capabilities and potential. Until then, we’ll have to wait with bated breath for more details about Samsung’s foray into the world of Extended Reality.
Tech enthusiasts and budget-conscious smartphone users might be familiar with brands like Tecno, Infinix, and iTel. These popular names belong to Transsion Holdings, a major smartphone manufacturer based in China. However, Transsion is currently facing a legal challenge from a tech giant – Qualcomm – over alleged patent infringement.
According to reports, Qualcomm has filed lawsuits against Transsion Holdings in India, China, and Europe. The lawsuit claims that Transsion’s smartphones utilize patented technologies developed by Qualcomm without acquiring the necessary licenses. While the specific patents in question haven’t been publicly disclosed, the lawsuit likely centres on essential mobile phone technologies protected by Qualcomm’s vast patent portfolio.
Qualcomm is a leading designer of semiconductors, particularly the Snapdragon processors that power countless smartphones. The company also holds a significant number of patents related to cellular communication and other mobile technologies. Traditionally, Qualcomm has generated revenue not only by selling its chips but also by licensing these patents to other phone makers.
The twist in this legal battle is that Transsion smartphones primarily use processors from MediaTek and Unisoc, Qualcomm’s competitors in the chip market. This raises the question: how exactly could Transsion be infringing upon Qualcomm’s patents if they aren’t using Qualcomm chips?
Experts suggest the lawsuit might target patents that extend beyond the physical chips themselves. These could be patents related to software functionalities, cellular communication protocols, or other aspects of smartphone operation that might be implemented in various chipsets, including those from MediaTek and Unisoc.
The outcome of this lawsuit remains to be seen. If Qualcomm prevails, Transsion might be forced to either obtain licenses for the infringed patents, potentially leading to increased production costs or modify their smartphone designs to avoid the infringing technologies. This, in turn, could impact the pricing or features of future Tecno, Infinix, and iTel devices.
While Qualcomm is a dominant player in the mobile chip market, Transsion is no small fry. The company is the world’s fourth-largest smartphone manufacturer, known for offering affordable and feature-packed devices in emerging markets. This lawsuit pits a tech giant against a budget smartphone leader, raising questions about the accessibility and affordability of future mobile technology.
As this legal battle unfolds, it’s important to stay informed about the details of the case and its potential impact on the smartphone landscape. We’ll continue to monitor the situation and provide updates as they become available.
Dell Technologies is bringing a slew of advancements to its PowerStore offering. The new offering delivers key improvements that augment and empower data resiliency, data and multi-cloud data mobility. With these improvements, Dell is also expanding its APEX portfolio with better, more powerful AIOps advancements and Kubernetes storage management.
Dell’s PowerStore offering has been augmented with new features that increase performance, efficiency and security. The new PowerStore Prime offers quad-level cell (QLC) based storage. This lowers the cost per terabyte compared to previously used triple-level cell (TLC) based storage. With QLC-based storage, organizations can start with as little as 11 QLC drives and quickly scale up to 5.9 petabytes of effective capacity per appliance. Dell further augments this with intelligent load-balancing capabilities that are built into PowerStorage itself. This will optimise workload placement across QLC and TLC clusters leading to better cost efficiency and up to 66% uplift in hardware performance through data-in-place higher model appliance upgrades.
PowerStore Prime also comes with a bevvy of software updates that also help increase efficiency, security and cloud mobility. These advancements are part and parcel of PowerStore Prime which comes at no additional cost to existing customers. Dell will be providing updates that deliver up to 30% higher mixed workload performance and 20% lower latency. It also delivers fortified data protection with a vast array of choices that allow customers to safeguard and backup workloads with native synchronous replication of block and file workloads and native metro replication for Windows, Linux and VMWare environments. All of this is done with an uplift of 28% in power efficiency and 20% better data reduction. These simplified workloads also empower data mobility in multi-cloud environments giving users increased flexibility to scale thanks to its connectivity to Dell APEX Block Storage.
Dell APEX AIOps Delivers Greater Agility and Control
Together with Dell PowerStorage Prime, Dell Technologies is also augmenting Dell APEX with AI-driven features to deliver better agility and control. Dell APEX AIOps will be offered in a software-as-a-service (SaaS) model. It delivers better infrastructure health and transparency with AI-driven full-stack observability and incident management.
APEX AIOps increases observability with AI-powered solutions that allow IT administrators to better address issues that arise. Dell claims that the increased infrastructure observability allows up to 10X quicker response times than traditional approaches. AI-powered health, cybersecurity and sustainability monitoring deliver actionable insights complete with detailed problem-solving recommendations. with AIOps customers are able to reduce reduction time by up to 70% with full-stack application topologies analytics. It can also deliver better uptimes and shorter recovery times with AI-driven incident management.
Dell’s APEX Navigator is also being expanded to include workloads on Kubernetes. This will simplify Kubernetes storage management on Dell PowerFlex and, in the near future, Dell PowerScale as well as Dell APEX Cloud Platforma for Red Hat OpensShift. This is achieved with expanded advanced services like data replication, application mobility and container observability.
Availability
Dell PowerStore’s software enhancements are available right now. PowerStore’s QLC model and data-in-place higher model appliance will be available starting in July. PowerStore multi-cloud data mobility and APEX Naivgator for Kubernetes will be available in Q2 2024 while APEX AIOps Infrastructure Observability and Incident Management will be available in October 2024.
Another day, another email from IT telling you to change or update your passwords. We’ve all been there, opening emails and sighing at that reminder. However, did you stop to think what could be at risk when you don’t update your passwords across the board? What could the harm with just one password not being updated?
Understanding Passwords, Password Hygiene and Multifactor Authentication
Well, like Julie Andrews once sang – Let’s start at the very beginning, a very good place to start. What exactly are passwords in our current, digital, always connected society? If your data and accounts were your home, your password would be your master key. The one thing giving you access to everything. Of course, we technically don’t need to talk about it in this anecdotal way cause, everyone knows what passwords are. But, humour me as we break down the issue.
Knowing that your password is a master key, how would you make sure that things are always secure? You would keep it physically near you. Maybe clean it or make sure the key’s groves are still properly functioning. Similarly, password hygiene is simply the basics of creating a secure master key. There are certain characteristics that make it secure and hard to duplicate.
Firstly, it must be unique. The same applies to passwords – your passwords should be unique. Something that only you can figure out. Secondly, it has to be complex, the grooves of the key must be hard to reproduce. When it comes to passwords, this is done in two ways: with the length of the password and the use of special characters. Experts recommend that passwords should be longer than 6 characters and contain a mix of upper-case characters, lower case characters, numbers and special characters. In addition, it should ideally not be birthdates, social security numbers or simple patterns.
Now that you’ve got a secure key for your main door. Maybe we should add another layer of security considering everything you own is within this home. Let’s include a way to confirm that it’s really you opening the door. Maybe, we’ll use a voice authenticator. The addition of this second layer of security is exactly what multifactor authentication is. Essentially, it is there to ensure that it is you that is accessing your home. This has become a mainstay now with services like Google, Amazon and even Facebook requiring you to activate MFA. These are arguably, the very basics of keeping your data and digital self-safe.
Bad Passwords Puts Everyone at Risk
Now that we’ve covered the basics, let’s scale this up. Now think of a neighbourhood of homes. This is – perhaps – your family home. Each of your homes are interconnected with a powerline, a water source and more. However, each of these accesses are protected by the same protections that protect your mansion. More importantly, your homes are located within a gated community. This gated community is your home network. Ideally, there should be two access points to this community, one which gives you access to everything in the gated community and one that limited access. These access points are your WiFi passwords. In most cases, we tend to have two: one for your home devices and your guest password. Since we’ve established what a good password is, it should come as no surprise that the same rules of password hygiene apply even to these.
However, let’s think for a second about what happens if one of our access point has a weak password. It is very common for us to setup good home network passwords, but keep our guest passwords simple – cause who needs the hassle of trying to communicate complex passwords. Well, that would be, in this anecdote’s case, like putting a security guard who is blind at the guardhouse that provides guests access to the neighbourhood. While it is still secure, it’s not secure enough. Similarly, when we use weak passwords or repeated passwords, we’re doing the same to our data. Imagine what could happen now to all the homes in the neighbourhood because of that ONE vulnerability. You can have malicious actors enter the neighbourhood and snoop around.
“… password hygiene is crucial for organizations, it is important to note that unauthorized access to sensitive data can result in financial losses, reputational damage, and legal consequences. To prevent this, organizations should take the necessary steps to implement MFA and conduct regular software updates to protect organizations from known vulnerabilities that attackers might exploit. Organizations should be proactive in using the available tools such as password managers paired with the right training for employees to protect their data..”
In the case of passwords, one weak password could put everyone at risk. Remember earlier, how we said that each home is connected with an electric line, water line and more? Well, similarly, each device on your network – be it at home or at work – is connected in some way. Having a weak password is like having a thin wooden door with a flimsy lock. These malicious actors would be able to just bring down the door and access everything in your house and potentially make their way to other homes.
Keeping Things Secure Beyond Your Password
Hopefully, the anecdote helps clarify how passwords are essentially the first step to creating a secure environment both at work and at home. However, sometimes, passwords are not enough. While they provide some security, we have had to build on the foundations that were provided by passwords. This is especially true in recent years with malicious actors using more sophisticated attacks that require us to be more vigilant.
One of the most common way that has emerged to help secure our data is multifactor authentication (MFA). A good example of this is Google’s implementation where we need to click a prompt on our smartphones to prove your identity when accessing your Google account. This extra level of security makes it even harder for malicious actors to access your data. Another common MFA method is the use of authenticators which generate a random number that is used to unlock your accounts in addition to your password.
In addition to this, we have to – unfortunately – be more vigilant with our online interactions. Like the popular phrase in Game of Thrones, the internet “is dark and full of terrors”. Password hygiene is only one step we can take to protect ourselves on the internet. Having proper cyber security solutions such as the solution that Trend Micro offers will offer even better protection. For organizations, this may include the adoption of Zero Trust security models that will provide even better protection against compromise.
CelcomDigi is not slowing down. After announcing its new prepaid and postpaid plans, the telco is now revamping CelcomDigi Hub in Subang Jaya’s Hi-tech Park. The new revamp will help showcase how it is empowering different technologies with its integrated solution including 5G.
CelcomDigi Hub has long been one of the company’s best showcases for its technologies. Even before the merger, the Hub served as a showcase for Digi Telecommunications. Now, CelcomDigi is not only bringing its new identity to the building but also bringing it into the future to showcase 5G and AI technologies with its AI Experience Center (AiX). In the heart of the Hub, CelcomDigi is using an interactive system to showcase its 5G and AI applications in The Infinity. This immersive, interactive experience brings you on a tour guided by the CEO of CelcomDigi himself, Datuk Idham Nawawi. The Infinity seems like an apt name for the tour as the possibilities with AI and 5G are limitless (until we get 6G).
The tour at The Infinity is only the beginning. CelcomDigi continues to showcase the many use cases of 5G in The Gallery. Here, you’ll be able to see things like remote medical diagnoses, immersive augmented reality medical education and even robotics. The Gallery gives visitors a truly tangible experience with some of the many applications that they are showcasing. Many of these use cases are already deployed in the real world.
CelcomDigi’s AiX isn’t just a stagnant display. The company will be refreshing the experience regularly to showcase the latest it has to offer. The AiX will also serve as a collaboration space where CelcomDigi, its partners and interested parties are able to collaborate and innovate to leverage AI technologies and 5G. The space is equipped with a cutting-edge live lab environment that will allow interested parties to test and collaborate. In addition, guests at the AiX will also be hosted by AI-RA, the first AI digital human. AI-RA will be giving visitors a rundown of all the innovations that will be featured in AiX. Together with AI-RA, the new AiX will also be populated by a fleet of AI robotics that cater to the different needs of the AiX and its visitors.
CEO, Datuk Idham Nawawi noted, “Emerging technologies such as AI are revolutionising the world, and Malaysia must keep pace with this progress to build a flourishing digital nation. Over 1.5 years ago, we made a strong commitment to play a pivotal role to realise this ambition, leveraging our greater combined capabilities as a merged company to invest and drive digitalisation, innovation and sustainable growth for the nation. The AI Experience Centre is a realisation of the national benefit of the merger, where CelcomDigi’s scale and capabilities are able to attract and partner with global and regional digital tech giants to accelerate the development of cutting-edge digital solutions – positioning us as a strong ally to the nation’s digital aspirations.”
The CelcomDigi AiX was built on over 40 partnerships with industry leaders such as Huawei, AWS and DNB. A concept that will underpin the innovation and interactions that will take place within its walls. It will be open to visitors on a scheduled basis.
Play for Dream Technologies, a China-based company established in 2020 and specializing in spatial computing solutions, has announced its expansion into the Asia Pacific (APAC) region. Play for Dream Technologies is looking to be at the forefront of the burgeoning spatial computing scene in the region with this move. The company’s APAC launch coincides with the introduction of the Play for Dream MR, the world’s first Android-based spatial computer, in Singapore.
Play for Dream Technologies focuses on developing spatial computing solutions. Spatial computing merges the physical and digital worlds, allowing users to interact with 3D objects in their environment, attend virtual meetings in customized spaces, or learn through interactive simulations. This innovative technology has the potential to revolutionize various sectors, including education, design, engineering, and entertainment.
In its expansion plans, Play for Dream has chosen Singapore as the launchpad for its APAC operations. According to CEO and Founder, Huang Feng during the press conference, Singapore’s robust infrastructure, focus on digitalization, and strong support for innovation make it an ideal environment for Play for Dream Technologies’ home in the region. The move to base its regional marketing operations in Singapore is undertaken with the vision of positioning the company as one of the key players in the spatial computing space. It is expected that this arena will garner expanded interest as the world moves towards a more digital one with key technologies like 5G connectivity driving its growth and usage scenarios.
Coinciding with its APAC debut, Play for Dream is launching the Play for Dream MR in Singapore. This innovative device sets itself apart from other spatial computing devices by leveraging the familiarity and extensive app ecosystem of the Android operating system. This opens doors to a wider range of developers and creators, fostering the development of a diverse range of spatial computing applications. Additionally, the MR prioritizes user experience by incorporating an improved cooling system and extended battery life, ensuring comfort during extended use in virtual and augmented environments. Furthermore, its open architecture allows for customization and integration with various tools, making it an ideal platform for pushing the boundaries of spatial computing.
Play for Dream’s expansion plans extend beyond Singapore. The company intends to enter other major APAC markets starting October 2024 with Malaysia. This will be followed by other markets such as Philippines, Thailand and Vietnam in 2025. These expansion plans also coincide will the availability of the Play for Dream MR in these markets.
Play for Dream Technologies entry into the Asia Pacific market with the launch of the Play for Dream MR in Singapore is a major step when it comes to spatial computing space. The company is looking to drive growth through creating accessible spatial computing products. More significantly, it’s developing these ambitions on a relatively open platform with a focus on collaborating with key partners like BOE, Qualcomm, IMAX, Xperi and more. What’s more, these collaborations extend beyond just creating its devices and into expanding content and accessibility of spatial computing technologies.
Axrail, a leading Malaysian IT solutions provider, has taken a groundbreaking step towards accelerating AI adoption in the region. The company, in collaboration with Amazon Web Services (AWS) and Phison, has launched the first-of-its-kind Generative AI (Gen AI) Lab in Southeast Asia.
This state-of-the-art facility signifies a major leap forward for Malaysian businesses looking to leverage the power of AI. Here’s how the Gen AI Lab empowers innovation and shapes the future of tech skills in Malaysia:
A Hub for Cutting-Edge Solutions
The Gen AI Lab brings together the expertise of three industry heavyweights. Axrail’s proven track record in AI implementation combines with AWS’s industry-leading cloud solutions, including Amazon Bedrock – a service offering access to high-performing AI models. Phison’s innovative aiDAPTIV+ technology adds an on-premise dimension to the mix. This collaborative environment fosters the development of comprehensive, end-to-end generative AI solutions, catering to both cloud and on-premise needs.
Fast-Tracking AI Adoption for Businesses
The Gen AI Lab isn’t just about showcasing cutting-edge technology; it’s designed to be a practical resource for businesses. The “sandbox” environment allows companies to experiment with AI applications and explore their potential to transform business operations. This hands-on approach helps companies to build the capabilities needed to extract value from data and increase efficiency across various functions.
Empowering Malaysian Businesses, Big and Small
Axrail is particularly focused on accelerating AI adoption among Malaysian SMEs. The upcoming AWS Region in Malaysia will provide crucial benefits like data residency, low latency, and robust cloud services, making AI solutions even more accessible. With the Gen AI Lab serving as a launchpad, Malaysian businesses of all sizes will have the opportunity to reimagine their operations using AI and achieve future-proof growth.
Boosting Malaysia’s Tech Skills Landscape
The Gen AI Lab isn’t just about technology; it’s about people. By fostering a collaborative environment for AI development and experimentation, Axrail is contributing to the growth of a skilled AI workforce in Malaysia. This aligns perfectly with the country’s Digital Economy Blueprint, which prioritizes digital transformation and establishing Malaysia as a regional leader in the digital arena. The complimentary half-day sharing session planned for July 18th is a testament to Axrail’s commitment to knowledge sharing and empowering Malaysians to navigate the exciting world of AI.
The Gen AI Lab: A Springboard for the Future
Axrail’s Gen AI Lab marks a significant milestone for Malaysia’s tech landscape. This collaborative effort positions the nation at the forefront of AI innovation, empowering businesses to thrive and nurturing a future generation of tech talent. Malaysia’s focus on building a digital economy that is not only focused on the needs of an increasingly digital market but also on the skillsets needed to adopt and adapt to a rapidly evolving market aligns with the efforts that we see from the country’s digital pioneers like Axrail. The Gen AI Lab aligns with the recent rhetoric and push by the government to adopt and upskill to make the country a competitive lifeline for the Southeast Asian Region’s digital development.