Pokémon developer Game Freak is partnering with Private Divison on a new action franchise

It’s codenamed Project Bloom and will be ‘bold and tonally different.’ Japanese developer Game Freak is best known for a little franchise called Pokémon, but throughout the years it has dabbled in other genres, like the strategy title Little Town Hero and the rhythm-based platformer HarmoKnight. Now, the company is betting big on a brand-new… Continue reading Pokémon developer Game Freak is partnering with Private Divison on a new action franchise

IBM’s Watson returns as an AI development studio

‘Watsonx’ is a foundational AI training platform for enterprise customers. Years before everyone was being impressed with the human-like text output of ChatGPT and other generative AI systems, IBM’s Watson was blowing our minds on Jeopardy. IBM’s cognitive computing project famously dominated its human opponents, but the company had much larger long-term goals, such as… Continue reading IBM’s Watson returns as an AI development studio

Pokémon-inspired art collection comes to LA this summer

It’ll feature more than 70 works by 20 creators. A Pokémon-inspired art collection is visiting Los Angeles this summer. The Pokémon × Kogei craftwork exhibition is a collaboration between The Pokémon Company and LA’s Japan House, a space dedicated to spotlighting Japanese culture. The collection includes more than 70 pieces of art crafted by 20… Continue reading Pokémon-inspired art collection comes to LA this summer

China’s AI Charge: Chip shortage, lack of talent seen as obstacles to growth

As China’s AI industry develops, companies are facing an imminent challenge — a lack of chips. Co-founder and CEO Yin Qi of Megvii Technology Ltd., one of China’s top artificial intelligence (AI) companies, told Caixin in an interview in late March that there are only about 40,000 of chipmaker Nvidia’s data-center-grade A100 graphics processing units… Continue reading China’s AI Charge: Chip shortage, lack of talent seen as obstacles to growth

SG-based Spenmo said to be beset with major risk and compliance lapses

Just a little over a year after closing a hefty $85.5-million Series B from Tiger Global, Insight Partners and key investors, Singaporean expense management startup Spenmo is beginning to show visible cracks.  Several sources close to Spenmo told DealStreetAsia that the firm is suffering from major lapses in risk and governance, leading to a series… Continue reading SG-based Spenmo said to be beset with major risk and compliance lapses

India’s Centrum Alternatives set to launch second private credit fund

Centrum Alternatives, an asset manager headquartered in Mumbai, is looking to launch its second private credit fund at a time when volatility in the equity markets, coupled with a high-interest rate environment, is making it difficult for companies in India to raise capital. “We got the registration [from SEBI] in March and are looking forward… Continue reading India’s Centrum Alternatives set to launch second private credit fund

SEA Digest: PTT Global backs UK startup; Atlas Capital initiative; Nusantara Fund launch

UK startup Interface Polymers has secured funding from Thai PTT Global Chemical units, while Indonesia’s civil society organisations have come together to a climate fund called The Nusantara Fund. Separately, a group of Asian investors are also teaming up to join a sustainability-focused coalition. UK’s Interface Polymers bags funding from PTT Global units Interface Polymers,… Continue reading SEA Digest: PTT Global backs UK startup; Atlas Capital initiative; Nusantara Fund launch

Meta is making life even harder for its metaverse creators

/ Horizon Worlds creators can’t make events anymore, so it will be that much more difficult to build communities on the platform. Image: Meta Meta will no longer let creators using its Horizon Worlds social VR playscape make dedicated events, the company announced as part of the platform’s v109 update notes on Tuesday. It’s a… Continue reading Meta is making life even harder for its metaverse creators

EV maker Rivian narrows losses in Q1, beats on revenue

Rivian may still be burning through cash, but its managed to narrow losses and generate more revenue as the automaker sells more of its EVs while paring down costs. Rivian reported Tuesday $661 million in revenue in the first quarter, a nearly seven-fold increase from the same period last year when it was plagued by… Continue reading EV maker Rivian narrows losses in Q1, beats on revenue

These mushroom-based chips could power your devices and help save our planet

Researchers at the Johannes Kepler University in Austria have been able to replace unrecyclable plastic in the substrate of electronic chips and batteries with the skin of the Ganoderma lucidum species of mushroom Doris Danninger, Johannes Kepler University In the last few years, mushrooms have become truly magical.  They’ve become a favorite vegan substitute for… Continue reading These mushroom-based chips could power your devices and help save our planet