Tag: Indonesia

  • Today’s Tech Roundup: Tata’s Semiconductor Strategy, NVIDIA Robotics, Bybit in Indonesia, and Cognizant Hiring

    Today’s Tech Roundup: Tata’s Semiconductor Strategy, NVIDIA Robotics, Bybit in Indonesia, and Cognizant Hiring

    Welcome to today’s tech roundup! From chips and AI to crypto, climate tech, and hiring, here’s a quick look at the stories shaping the technology world today.

    Tata Group Resorts to Older Tech to Launch Its Chip Foray

    Tata Group’s entry into the field of semiconductors takes an efficient course whereby the company begins its venture from older and tested technologies of chips rather than advanced technology. This ensures cost efficiency, quicker production, and helps meet demands in fields such as the automotive industry, power, and industrial electronics.

    Climate Tech Venture Funding Surges Driven by AI Infrastructure Demand

    There has been renewed interest in climate technology, driven by the accelerated development of AI infrastructure. With the increased usage of energy by data centers, venture capital firms are funding startups that specialize in renewable energy, batteries, smart power grids, and energy efficiency.

    Bybit Launches in Indonesia After NOBI Acquisition

    Bybit crypto exchange has now officially made its entry into Indonesia after taking over local exchange platform NOBI. This marks the extension of their operations in Southeast Asia and gives the firm the ability to provide regulated crypto trading services to customers.

    NVIDIA Partners with Japanese Robotics Firms to Accelerate AI Development

    With the collaboration between NVIDIA and Japanese robotics firms, there is an effort to make progress in developing AI automation. By using its computing technology together with Japan’s robotics expertise, it hopes to produce industrial robots that are better than current ones.

    Cognizant to Hire 1,500 US Graduates by End of 2026

    As part of efforts to build its artificial intelligence team, Cognizant is set to recruit 1,500 graduates in the US by 2026. These new employees will be trained in areas such as artificial intelligence, digital engineering, and other new technologies.

  • Trescon Launches Finance 2045 in Jakarta: Charting Southeast Asia’s Financial Transformation Path

    Trescon Launches Finance 2045 in Jakarta: Charting Southeast Asia’s Financial Transformation Path

    Indonesia, with its 270 million population, over 65 million MSMEs, and 77 million unbanked adults, stands as the ultimate frontier for financial evolution in Southeast Asia. The nation’s massive payments infrastructure processed over 16 billion transactions last year, and the government targets an ambitious 8% GDP growth. Yet, until now, there has been no dedicated annual global platform built around this historic financial transformation.

    That changes this July. On 7–8 July 2026, Trescon will officially launch the inaugural edition of Finance 2045 at the Sheraton Grand Jakarta Gandaria City. Choosing Southeast Asia’s largest economy as the launching pad for this global conference series is a deliberate strategic move to position Jakarta at the center of global financial dialogue.

    A Confluence of Finance and Frontier Tech

    The high-octane, two-day summit will gather over 1,000 banking pioneers, visionary fintech founders, enterprise finance executives, institutional investors, and key policymakers. Co-located with the 47th Global Edition of the World AI Show, the combined event brings together more than 2,000 senior leaders at the intersection of capital, regulatory policy, and next-generation technology.

    The agenda addresses core pillars shaping tomorrow’s financial architecture:

    • The Next Frontier of Banking: Digital Banking, AI in Financial Services, and next-gen Payments.
    • Inclusive & Sustainable Capital: Islamic Finance, Financial Inclusion, and SME Finance.
    • Macro-Economic Drivers: Sustainable Finance and national growth mandates.

    Elite Speakers & Strategic Government Backing

    Finance 2045 is proud to announce the strategic partnership of the Ministry of Creative Economy, Indonesia (EKRAF). Confirmed speakers include:

    • Dr. Ferry Irawan – Deputy for Coordination of Management and Development of State-Owned Enterprises, Coordinating Ministry for Economic Affairs
    • Dr. Ir. Mohammad Rudy Salahuddin – Secretary of the Ministry, Ministry of Investment and Downstream Industry
    • Nobuya Kawasaki – President Director, PT Bank Danamon Indonesia Tbk
    • Uli Agustina – Head of Financial Sector Technology Innovation, Digital Assets, and Crypto Assets Supervision Dept., OJK
    • Sylvia Lazuarni – Acting CEO, Home Credit Indonesia

    These leaders will be joined by C-suite executives from Pertamina Bina Medika, Home Credit Indonesia, McDonald’s Indonesia, and HSBC Indonesia, with more announcements coming.

    High-Stakes Innovation: The Startup World Cup

    On Day 2, the summit hosts the Startup World Cup – Indonesia Qualifiers, in partnership with Pegasus Tech Ventures (a Silicon Valley VC managing over $2 billion in assets). The winning founder secures a guaranteed slot at the Startup World Cup Grand Semi-Finale in San Francisco this November, competing for a $1 million direct investment.

    Partners and Sponsors

    Co-located sponsors include Strategic Government Partners EKRAF, Ministry of Industry, Lead Sponsor DATADOG, Platinum Sponsor Magure, Gold Sponsors Zoom, UCloud Global, PT ASIX INDONESIA CERDAS, Redis, Akamai, and many others.

    Finance 2045 is more than a conference—it is a collaborative forge for economic accessibility, technological integration, and financial sovereignty. It provides the definitive roadmap for Indonesia’s journey toward its 2045 economic vision.

    Registration for delegate passes, exhibition opportunities, and media accreditation is now open. Visit finance2045.com for details.

  • Bitcoin ETF Outflows Hit $469M, SHIB Reserves Surge to 80.5T, and $10B BTC Options Near Expiry

    Bitcoin ETF Outflows Hit $469M, SHIB Reserves Surge to 80.5T, and $10B BTC Options Near Expiry

    The cryptocurrency market witnessed a series of significant developments on June 25, 2026. Spot Bitcoin ETFs recorded $469.08 million in net outflows, led by BlackRock’s IBIT, while SHIB exchange reserves surged to 80.5 trillion tokens. Meanwhile, SBI Group announced a $289 million acquisition of Japanese exchange Bitbank, and $10 billion in Bitcoin options are set to expire this week. Indonesia also introduced mandatory certification for crypto influencers.

    Bitcoin ETFs See $469 Million Outflows

    According to SoSoValue, the Bitcoin spot ETF market experienced a total net outflow of $469.08 million yesterday. The Grayscale Bitcoin Mini Trust ETF BTC recorded the highest net inflow at $23.56 million, bringing its historical total to $2.38 billion. On the other hand, BlackRock’s IBIT led outflows with $239.29 million, while its historical net inflow stands at $61.48 billion. The total net asset value of Bitcoin spot ETFs is $73.87 billion, representing an ETF net asset ratio of 6.04% and a historical cumulative net inflow of $52.75 billion.

    SHIB Exchange Reserves Spike to 80.5 Trillion Tokens

    The SHIB market is seeing a dramatic shift in investor sentiment. Large holders have begun transferring funds to centralized exchanges, interrupting a months-long accumulation trend. CryptoQuant data shows the Exchange Reserve indicator surged to 80.5 trillion SHIB over a few days. This expanded available supply drove the token’s price down to approximately $0.0000044. Daily net inflows into exchanges reached 749.8 billion SHIB, signaling strong selling pressure.

    SBI Group Acquires Bitbank for $289 Million

    SBI Group announced the acquisition of Japanese cryptocurrency exchange Bitbank for ¥46.7 billion (approximately $289 million). This move is expected to push SBI’s crypto custody balance above ¥1 trillion (about $6.2 billion), making it the largest crypto business in Japan. A subsidiary of SBI Holdings will acquire Bitbank shares from founders and other individual shareholders in August. Combined with SBI VC Trade’s accounts (as of April), the merged entity will have approximately 2.92 million total accounts and combined custodial assets of roughly ¥1.1 trillion.

    $10 Billion Bitcoin Options Expiry Approaches

    According to Bloomberg, Deribit will see approximately $10 billion in notional value of Bitcoin options expire on Friday, accounting for about 37% of current total open interest. The put-to-call ratio stands at 0.83, indicating bullish bets still dominate, but most call options are out-of-the-money. Puts are concentrated in the $60,000–$65,000 and $70,000–$75,000 ranges, suggesting bearish positions are more likely to profit. Jean-David Pequignot, Deribit’s Chief Business Officer, noted that this options portfolio, positioned for higher medium-term prices, is now under test amid falling spot prices.

    Indonesia Mandates Certification for Crypto Influencers

    Indonesia’s Financial Services Authority (OJK) issued Regulation No. 6 of 2026, requiring individuals who recommend cryptocurrencies to obtain competency certification unless they already hold a relevant license. The regulation limits influencers to promoting only digital assets listed on authorized exchanges. Any digital asset service provider featured in promotional content must hold the necessary regulatory license. Marketing campaigns must be conducted through regulated financial services businesses, which remain responsible for the promotional material.