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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)
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