Technology News

With patent restriction over, JF Technology set to regain foothold in US market

This article first appeared in The Edge Malaysia Weekly on May 13, 2024 – May 19, 2024 A decade after becoming embroiled in a patent infringement lawsuit in the US, one-stop test engineering and test interface solutions provider JF Technology Bhd (KL:JFTECH) is revisiting its US market strategy now that it is no longer bound by a patent restriction. JF Tech co-founder and managing director Datuk Foong Wei Kuong says the group is now exploring options to re-establish its business presence in the US, as American customers are actively looking for a more competitive high-performance test contacting solution. “We were…
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With North Texas Ties, Subeca Raises $6M Series A to Scale Its IoT Water Technology » Dallas Innovates

Subeca, a San Diego-based provider of next-generation water metering systems, said it raised $6 million in Series A funding. Produced in Richardson, Subeca’s Blinc IoT module utilizes Amazon’s Sidewalk network, a free communications network that covers more than 90% of the US population, to help its customers manage water infrastructure and detect and resolve water leaks. “The funding will allow Subeca to rapidly scale to meet market demand for our flagship AMI solutions, particularly in small to medium sized utilities and companies that have been underserved by incumbents,” Subeca CEO Patrick Keaney said in a statement. Keaney is the former…
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Microsoft launches lightweight AI model | Technology News

Microsoft on Tuesday launched a lightweight artificial intelligence model, as it looks to attract a wider client base with cost-effective options. The new version called Phi-3-mini is the first of the three small language models (SLM) to be released by the company, as it stakes its future on a technology that is expected to have a wide-ranging impact on the world and the way people work.…