The International Finance Corporation (IFC), a World Bank Group affiliate, will invest $40 million in the digital infrastructure company Zetrix AI.
Svmuu News: The World Bank Group has announced that it will invest $40 million (approximately RM155.6 million) in the digital infrastructure company Zetrix AI through its International Finance Corporation (IFC). The new funding will support the development and deployment of innovative blockchain-based Deep Data Intelligence (DPI) applications and artificial intelligence (AI) products, thereby enhancing digital inclusion, access to services, and economic efficiency in Malaysia and the broader ASEAN region. It will also explore practical cross-border applications of blockchain and AI in areas such as digital identity, customs clearance processes, large language models, and stablecoins. (PRNewswire)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
RTHK: U.S. stocks closed lower on Tuesday, with the Dow down 0.3% and the Nasdaq down 0.7%.
-
2
CNBC: Colom leads by 2,607 votes in Mississippi Senate race, race uncalled
-
3
Financial Times: Anthropic's underwriting banks prepare to boost IPO valuation to at least $1.5 trillion
-
4
Al Jazeera: UKMTO receives report of incident involving oil tanker in Strait of Hormuz, details unclear
-
5
Hong Kong and mainland Chinese stocks opened lower, weighed down by higher-than-expected US inflation and escalating interest rate hike expectations.
-
6
Nikkei Stock Average flat at 60,451.02 as bank and pharma gains offset tech and machinery losses
-
7
Al Jazeera: Iran denies holding talks with the US
-
8
Hong Kong's Insurance Authority (IA) has prohibited Lim Ka Kit from engaging in insurance intermediary business for nine months.
-
9
Binance Announcement: bStocks to Support SanDisk (SNDK) 1-for-8 Stock Split
-
10
Musk retweeted that the US Federal Communications Commission has accepted SpaceX's application to acquire 800 MHz spectrum.
Markets Today
Recommended Reading


