What can AI do for you? A lot, as the recent Intel AI Summit 2021 has shown. Artificial intelligence opens up a broad range of possibilities, from tiny devices to the massive cloud. Suppose you don't know where to start or how to develop and scale up your ideas and innovation further. In that case, the two-day summit's contents are now available on-demand to inspire you with the latest from the Intel AI technology stack, as well as successful customer use cases from the Asia Pacific and Japan Territory (APJ-T).

According to a report by Bloomberg, Indonesian unicorns Gojek and Tokopedia are merging into GoTo. The company will be made up of Gojek's ride-hailing operations, Tokopedia's e-commerce business and a designated fintech unit. Gojek's and Tokopedia's combined valuations on CB Insights would make GoTo the 12th highest-valued startup in the world, worth $17 billion. The merger would create an Indonesia presence among the top 20 unicorns in the world, which consisted of mainly Chinese and U.S. companies as well as one Swedish (Klarna), one Brazilian (Nubank), one Indian (One97 Communications), one British (Checkout.com) According to the CB Insights unicorn list, Chinese AI company Bytedance is the highest-valued startup – currently private, up-and-coming company – in the world.

Indonesian e-commerce unicorn Tokopedia is investing in two logistics companies and using artificial intelligence to predict buying behaviour as part of an effort to speed delivery and slash shipping costs in the world's biggest archipelago. Tokopedia founder and chief executive William Tanuwijaya also said the firm is in final talks to invest in an agritech startup that works with farmers and has been buying stakes in smaller marketplaces offering everything from wedding services to secondhand phones. "The customer in Tokopedia is going to be able to buy directly from farmers and fishermen," Tanuwijaya told Reuters in an interview. Tanuwijaya expects Tokopedia to lift the proportion of one-day deliveries to 95% from the current 65%, while cutting costs for merchants in a country of 17,000 islands where logistics costs can be exorbitant. Backed by $2 billion in funding from investors including SoftBank Group Corp's Vision Fund and Alibaba, Tokopedia aims to create a "super-ecosystem" with a wide range of services, including lending and payment services for both consumer and merchants.