VCI Global Limited Announces Visionary Collaboration With Microsoft Azure OpenAI
August 23 2023 - 7:00AM
VCI Global Limited (NASDAQ: VCIG) (“VCI Global”, or the “Company”)
announced that through its wholly-owned subsidiary, V Galactech Sdn
Bhd, it has teamed up with the Microsoft Azure OpenAI
platform. Harnessing on the respective parties’ AI-powered
innovative expertise, this partnership sculps the future of
business solutions by revolutionising the tech landscape through
the application of Microsoft Azure OpenAI services.
This partnership acknowledges the screaming
demand and dedication to transform the dynamic tech landscape as
businesses move towards borderless and seamless frontiers at neck
breaking speeds to efficiently engage its customers, amongst
others. This teaming up with Microsoft Azure OpenAI also enhances
VCI Global’s AI consulting capabilities.
Tapping onto Microsoft Azure OpenAI’s
potentials, VCI Global is playing its part in developing the tech
landscape by navigating a transformative path and provide
game-changing solutions in creating next-gen innovations and being
at the forefront while making inroads to tools like Generative
Pre-trained Transformer 4, more commonly referred to as GPT-4 and
Microsoft’s new AI-powered chat tool, Bing Chat Enterprise. The
Company is also able to capitalise on Microsoft Azure OpenAI’s
cutting edge AI technology for its current and new projects which
include the robosale software which is an all in one fully
automated AI-assisted sales platform.
“VCI Global is thrilled to be further involved
in AI-related innovations and more so, with Microsoft Azure OpenAI.
We are ecstatic for this partnership to be up and running as we
look forward to transforming how companies engage customers in the
dynamic tech landscape where the level of transformation can only
be limited by our imagination and creativity. This partnership will
accelerate our growth in the AI industry, further strengthening our
capabilities to transform the businesses of our clients,” said
Dato’ Victor Hoo, Group Executive Chairman and Chief Executive
Officer of VCI Global.
About VCI Global Limited
VCI Global is a multi-disciplinary consulting
group with key advisory practices in the areas of business and
technology. The Company provides business and boardroom strategy
services, investor relation services, and technology consultancy
services. Its clients range from small-medium enterprises and
government-linked agencies to publicly traded companies across a
broad array of industries. VCI Global operates solely in Malaysia,
with clients predominantly from Malaysia, but also serves some
clients from China, Singapore, and the US.
For more information on the Company, please log
on to https://v-capital.co/.
About Microsoft Azure Open
AI:
Microsoft Azure Open AI platform offers an
expansive array of artificial intelligence tools and solutions
designed to empower businesses with data-driven insights and
advanced analytics. From AI Services to Machine Learning and AI
infrastructure, the platform equips organisations to harness AI's
potential for innovation and growth.
Forward-Looking Statements
This press release contains forward-looking
statements that are subject to various risks and uncertainties.
Such statements include statements regarding the Company's ability
to grow its business and other statements that are not historical
facts, including statements which may be accompanied by the words
"intends," "may," "will," "plans," "expects," "anticipates,"
"projects," "predicts," "estimates," "aims," "believes," "hopes,"
"potential" or similar words. Actual results could differ
materially from those described in these forward-looking statements
due to certain factors, including without limitation, the Company's
ability to achieve profitable operations, customer acceptance of
new products, the effects of the spread of Coronavirus (COVID-19)
and future measures taken by authorities in the countries wherein
the Company has supply chain partners, the demand for the Company's
products and the Company's customers' economic condition, the
impact of competitive products and pricing, successfully managing
and, general economic conditions and other risk factors detailed in
the Company's filings with the United States Securities and
Exchange Commission. The forward-looking statements contained in
this press release are made as of the date of this press release,
and the Company does not undertake any responsibility to update the
forward-looking statements in this release, except in accordance
with applicable law.
CONTACT INFORMATION:
Issued by Imej Jiwa Communications Sdn
Bhd on behalf of VCI Global Limited For media queries,
please contact:
Imej Jiwa Communications Sdn
Bhd Chris Chuah Email: chris@imejjiwa.com
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