13 hours ago
- Business
- New Straits Times
Theta Edge, Agmo to set up JV in AI sphere
KUALA LUMPUR: Theta Edge Bhd's unit Theta Technologies Sdn Bhd will set up a new company with Agmo Holdings Bhd's unit Agmo Capital Sdn Bhd to drive artificial intelligence (AI)-enabled platform growth.
The new company aims to speed up the commercialisation of technologies like artificial intelligence (AI), blockchain and digital platforms, starting with solutions for the public sector.
It will also act as the delivery arm for Theta's AI platform, ThetaNeuron, enabling faster rollout of AI-powered tools in areas such as digital health, halal traceability and smart analytics.
Agmo will contribute its proven digital tools, including generative AI chatbots, e-invoicing platforms, localised language models, telehealth systems, and blockchain verification tools, designed for both large companies and startups.
Theta Edge group managing director and chief executive officer Datuk Nuraslina Zainal Abidin said by combining Agmo's strengths in agile platform development with Theta's domain expertise, the joint venture is well-positioned to deliver meaningful impact across financial services, healthcare, halal trade, smart logistics and the public sector.
Agmo chief executive officer Tan Aik Keong said the collaboration extends its ready-to-deploy technologies into regulated environments focused on service efficiency and accessibility.
"Through this joint venture, we aim to develop future-ready and data-secure systems that reflect the real needs of clients in sectors undergoing rapid digital transformation," he noted.
