As we sail into the era of seamless technological integration, Mirae Asset Management has pioneered the first-ever exchange-traded fund (ETF) centered on on-device artificial intelligence (AI) technology. This fresh investment avenue focuses on the burgeoning ecosystem of on-device AI, allowing investors to tap into the companies spearheading this innovation.… Read the rest
Shinhan Asset Management Launches New AI Semiconductor Chip Makers ETF
Shinhan Asset Management has announced the listing of a pioneering exchange-traded fund (ETF) focused on the flourishing AI semiconductor industry. This latest ETF, known as SOL US AI Semiconductor Chip Makers ETF, takes a targeted investment approach, honing in on the foundational technology companies responsible for designing the sophisticated processors that power AI applications, such as GPUs, NPUs, and CPUs.… Read the rest
Contango Secures $5M to Power Evolution in Decentralized AI Space
Contango Digital Assets, a venture capital firm based in Canada, has recently announced the milestone closing of $5 million in committed funds for its blockchain and artificial intelligence-focused venture fund. The capital marks the first tranche in a series, aiming to reach a total of $10 million.… Read the rest
Introducing the TIGER Global On-Device AI ETF: Investing in the Future of AI Technology
Mirae Asset Global Investments has announced the launch of a new Exchange Traded Fund (ETF) dubbed the TIGER Global On-Device AI ETF. This financial product offers investors the opportunity to gain exposure to companies at the forefront of on-device AI technology—a growing segment in the AI market where computation is performed directly on the user’s device, eliminating the need for data transfer to external servers.… Read the rest
Innovative AI Translation Showcased at Tech Event
A groundbreaking technology event hosted in Gangnam’s COEX has become the launchpad for an advanced AI-driven real-time translation solution. Flitto, a leading language data company, unveiled its latest AI tool designed to break down language barriers in instant communication. The event, held over two days starting April 11, attracted enthusiasts keen to experience the cutting-edge Chat Translation service firsthand.… Read the rest
Revolutionizing Luxury Retail: The AI Advantage
The luxury retail industry is experiencing a transformative phase as Artificial Intelligence (AI) takes on a pivotal role in its evolution. Recently, Deloitte Korea published a report illuminating the profound impact AI technologies are having on luxury brands, from enhancing the in-store experience to reshaping online interactions.… Read the rest
Emerging Job Trends in Southeast Asia Highlight Flexibility and AI Skills
As the professional landscape continues to evolve in Southeast Asia, a report from a leading online recruitment platform sheds light on the future of work in the region. It projects that the adoption of flexible and remote working arrangements, including hybrid models, will continue through the end of 2024, emphasizing their significance in retaining top talent.… Read the rest
AI-Powered Math King Hits 1 Million User Milestone
Making a significant mark in the world of educational technology, ‘Math King,’ an AI-driven math learning platform, has successfully crossed the threshold of a million registered users, revealing an impressive engagement statistic of approximately 123 years in collective study time. Launched in March 2020, the platform boasts a robust library of roughly 80,000 questions, ensuring a rich repository of quality math problems for students.… Read the rest
Revolutionizing Privacy: Apple’s On-Device AI Leap with iOS 18
The tech giant Apple is set to revamp its Siri virtual assistant with the forthcoming release of iOS 18, sharpening the focus on user privacy by integrating powerful Artificial Intelligence (AI) capabilities that operate directly on the iPhone. In a significant move away from cloud-dependent processing, these enhancements will emphasize the importance of keeping personal data securely on the device.… Read the rest
New ETF Aims to Capitalize on Future of AI Technology
Mirae Asset Management has announced the launch of a new Exchange Traded Fund (ETF), namely TIGER Global On-Device AI ETF, on the Korean Exchange, marking a significant milestone for investors interested in cutting-edge artificial intelligence (AI) innovation. This fund is strategically designed to invest in corporations pioneering on-device AI technology, a field anticipated to drastically transform the user experience with electronics by allowing AI computations to take place directly on the user’s device.… Read the rest