Tencent Cloud, the cloud business of global technology company Tencent, has recently announced the signing of a Memorandum of Understanding (MoU) with PT. Bank Rakyat Indonesia (Persero) Tbk. (BRI) and Hi Cloud Indonesia, a cloud service provider (CSP). The collaboration aims to drive innovation in BRI’s banking services by leveraging technology, with a specific goal to enhance customer service and transaction experiences.

Amazon participated in the private placement for SIP Core provider Alchip, purchasing around a 0.3% share in Alchip for US$16 million. Regarding this move, Bloomberg Opinion columnist Tim Culpan wrote on LinkedIn that in the current era of the AI development boom, having independent chip R&D capabilities is a major advantage in differentiating one’s competitiveness.

Macroblock, a Taiwan-based LED driver IC design house, intends to avoid the red ocean sector and instead focus on increasing high-value-added products such as professional large-scale LED displays, XR display applications, and vehicle LED displays.