Money Matters with Hongbin Jeong and Chua Tian Tian

Today we’re going to give you a snippet into a South Korean startup that could rival Nvidia in the race to provide high-end AI-chips.  But not without some context about the AI chip prediction landscape. Currently, Nvidia dominates the AI computing market with analysts predicting a market share of between 80 and 95%. It provides graphics processors known as GPUs for users to run AI applications due to its computing power.  Now here’s the thing – GPUs were initially made for 3D gaming and are not optimised for specific AI functions. So that means it can be costly and less efficient to train and run AI models using Nvidia’s GPU.  This also opens up an opportunity for industry players to manufacture chips that cater to the boom in AI, and perhaps for a specific use case. Take for example, a chip made specifically for the use of AI in the finance industry.  And that’s exactly what our guest for today, Rebellions Inc is relying on to get a slice of the AI-pie.  But what opportunities lie ahead of the firm? Also, what are some expansion plans for the firm, which is backed by KT and Singapore’s Temasek Pavilion Capital? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Kyeong-Jae Lee, Business Development Lead, Rebellions Incorporated for more.

There’s a 33% increase in the average daily use of networking platforms over the last 3 years by baby boomers. This just shows that social media has had such an influence on people's lives, even across generations. However, Gen Z still remains the one to watch as they will have the greatest impact on the evolution of social media in the coming years. We speak to Jo Ling Sun, Senior Trends Analyst, GWI more about this.

The LEGO Group has collaborated with many brands around the world to attract different demographics with different interests. It's most recent one is the LEGO BTS Dynamite experience pop-up in Orchard Road. New innovations and ideas is not only something LEGO promotes in their consumers, but is also vital for workers to help grow their brand. We speak to Rohan Mathur, Marketing Director of SEA, The LEGO Group more about this.

Malaysia will be holding its elections in six states on August 12. The Malaysian Chinese Association (MCA) and Malaysian Indian Congress (MIC) have decided not to contest the upcoming polls. Lastly, how will the outcome of the election affect the Malaysian public's view of PM Anwar? We speak to Dr. Oh Ei Sun, Senior Fellow, Singapore Institute of International Affairs more about this.

Singapore shares started trading in negative territory today mirroring the slump in global markets. In early trade, the Straits Times Index (STI) was down 0.2 per cent at 3,144.26 points as 27.4 million securities changed hands across the broader market. In terms of companies to watch today, we have Sabana Reit – more issues surrounding its relationship with investor Quarz Capital and the Reit’s upcoming EGM.  Elsewhere from Bytedance launching a new music streaming service in Brazil and Indonesia to Samsung reporting a likely 96% plunge in second quarter operating profits, we’ve got more corporate headlines for you. Not to mention – Twitter threatening to sue Meta over Threads. On Market View, the Drive Time team unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

The Saudi Pro League is taking world football by storm with its raft of high-profile recruitments and ambitious plans to challenge the established order. But will this be a long-term project or will it fizzle out much like the Chinese Super League? And what about the accusations of sports washing? Well the Saudi Pro League's new Chief Operating Officer, Carlo Nohra is in the hot seat on Sports Minutes to tell us more! Got a story to tell? Get in touch with us! edanker@sph.com.sg | raushan@sph.com.sg

Have you ever wondered where the meat we eat comes from? That’s exactly what we are going to find out today.  Headquartered in Singapore, our guest Japfa specialises in producing protein staples and packaged food that feeds millions of people.  Put simply, the company produces animal feed such as poultry feed, cattle feed and aquaculture feed. It breeds animals such as chicken, pigs, fish and cows, fatten the animals, before processing and distributing them.   Japfa has a workforce of over 38,000 people across an integrated network of modern farming, processing and distribution facilities in Indonesia, Vietnam, India, Myanmar and Bangladesh. But what are the benefits of being vertically integrated, and which are the key markets for Japfa?  Also – how is the company diversifying its revenue streams in a post-pandemic world? And how does Japfa position itself in a high inflationary environment with consumers squeezed by price increases? On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Tan Yong Nang, Chief Executive Officer, Japfa for more.

Ya Kun Kaya Toast has been in business for more than 70 years and began to experience significant growth in the early 2000s. Prioritizing customer satisfaction has been a key factor in allowing this to happen. We speak to Jesher Loi, Director, Branding and Market Development, Ya Kun International about how he started in, and grew the company. He also tells us more about where this company is headed in the future.

Many efforts are being taken to advance technology in the aviation sector. What issues are they trying to tackle? Moreover, with the travel industry recovering in this post-pandemic era, how are aviation companies taking advantage of this? We speak to Joshua Ng, Director, Alton Aviation Consultancy more about this.

In the upcoming NATO summit, NATO’s expansion along with the Russia-Ukraine war will likely be prominent topics. As the NHS, the UK’s publicly funded healthcare system, celebrates its 75th birthday. The party-like manner that it is being celebrated is sparking some controversy amongst the UK public. Negotiations on The Black Sea Grain Initiative, which is due to expire on July 18, continue with the Ukrainian government claiming that the Russian side is actually blocking the initiative. We speak to Alex Capri, Research Fellow, Hinrich Foundation & Lecturer in the Business School, National University of Singapore more about these headlines