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Pangyo Techno Valley: Korea’s Prime Innovation Cluster Bolstered by Local Governmental Support

AsiaTechDaily

Register In July’s end, an Egyptian governmental delegation toured Pangyo Techno Valley, Korea’s premier innovation hub, seeking insights into its unparalleled growth. The Gyeonggi Business & Science Accelerator (GBSA) actively scouts startups within game development, information security, and big data sectors.

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Collaborative Disruption at the DoD with Kathleen Hicks and Sharon Weinberger

Andreessen Horowitz

It’s an area where a lot of companies are trying to innovate. Is this an area where there are lessons to be learned from that and ways to accelerate technologies to the battlefield? It sounds like you’re committed to the August 2025 timeline for it. Kathleen Hicks: Absolutely. What is the metric for success?

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Synthetic DNA startup Catalog partners with Seagate for its DNA-based data storage platform

TechCrunch

According to Internet Data Center (IDC) , global data is projected to increase to 175 zettabytes in 2025, up from 33 zettabytes in 2018. Collaborating with an industry leader like Seagate will help speed our ability to advance DNA storage,” said founder and chief executive officer Hyunjun Park. “In

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. billion by 2025. A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars.

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India’s PhonePe tops $12 billion valuation in new funding

TechCrunch

A concern for PhonePe’s growth was Indian regulator enforcing a market cap check on each player, but the deadline for the new guidelines was extended last month and now won’t come into effect until 2025 , giving PhonePe another two years of fast-growth.

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K-Startup Grand Challenge 2022 is accepting applications from global startups till May 31

AsiaTechDaily

Register South Korea’s leading accelerator program K-Startup Grand Challenge (KSGC) , considered ‘a gateway’ to do business in Asia, invites global startups to participate. K-Startup Grand Challenge is a great opportunity for global startups looking to explore Asia’s markets for their innovative products and services.

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What Builders Talk About When They Talk About AI

Andreessen Horowitz

Previous platform shifts show it can take decades of compounding innovations for a technological breakthrough to turn into a society-wide shift. This wave of generative AI has the sort of economics that drive market transformations For a technological innovation to spur a market transformation, the economics need to be compelling.