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OCBC Boosts Tech Spending to $771M, Embraces AI Strategy
ยท ยท The Next Web

OCBC Boosts Tech Spending to $771M, Embraces AI Strategy

CBC plans to raise its annual technology spending to more than $771mn, according to Bloomberg, as Singaporeโ€™s second-largest lender leans harder into AI and digital banking. The increase marks one of the first strategic signals from Tan Teck Long, who took over as group chief executive on 1 January

#ocbc#ai#digital banking#tech investment#financial technology
ยท ยท TechCrunch

Valor Equity Partners Launches $2.5B Fund VII to Drive Innovation

New details have emerged about Valor's latest fund, which last year announced it was raising an unspecified amount of capital.

#valor equity partners#fund vii#tech investment#ai startups#india tech ecosystem

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