Kuala Lumpur, April 23, 2026 — Twimbit joined the Corporate Innovation Global Summit 2026 as Knowledge Partner and opened the day's agenda with a live audience quiz designed to challenge the room's assumptions about what corporate innovation looks like in 2026.

Held at Etiqa Twins, Kuala Lumpur, the summit was organised by NEXEA and convened C-suite leaders, corporates, GLCs, investors, and government agencies. Speakers included YB Datuk Wilson Ugak Kumbong, Deputy Minister of Digital Malaysia; Ben Lim, Founder and CEO of Nexea; Anuar Fariz Fadzil, CEO of MDEC; and Norman Matthieu Vanhaecke, Group CEO of Cradle Fund. The summit convened around a shared objective of advancing corporate innovation from aspirational initiatives to measurable, enterprise-wide outcomes.

“Corporate Innovation Reality Check” hosted by Twimbit

Twimbit's opening session, "Corporate Innovation Reality Check: How Well Do You Actually Know Innovation?", was hosted by William Kiong, Product Manager – AI at Twimbit. The interactive quiz put seven questions to the audience, each designed to surface a blind spot in how enterprise leaders read the innovation landscape today.

A sample of the ground covered:

• Who leads R&D spending. In 2024, Amazon — not Alphabet, Meta, or Microsoft — held the world's largest R&D budget. A reminder that the companies most associated with AI headlines aren't always the ones putting the most capital behind long-horizon bets.

• The open-source gap has closed. In 2024, the best closed-source model was significantly ahead of the best open-source model on most benchmarks. By 2026, the gap has narrowed to within 5–10%, a shift with direct consequences for enterprise AI strategy, procurement, and vendor lock-in.

• Who adopts AI tools fastest. When Shopify rolled out tools like Cursor company-wide in 2025, it wasn't engineers who adopted fastest. Support and revenue teams, non-technical staff, outpaced them. A quiet preview of how AI adoption is reshaping org design.

• Strategic bets have real stakes. Nike's 2017 pivot away from wholesale was risky precisely because wholesale was 84% of its sales at the time. Some of the boldest innovation often involves betting against the core business, not adjacent to it.

The quiz cut across AI economics, strategic bets, product failures, and adoption patterns, mirroring the day's broader question of how corporates separate innovation theatre from measurable impact.

"AI is changing how every team works, not just the technical ones. The most exciting part is that you don't need to be an engineer to use it well anymore. That's what we wanted the room to walk away with: AI is for everyone, and the companies that understand that will move the fastest." — William Kiong, Product Manager – AI, Twimbit

About the Summit

The Corporate Innovation Global Summit 2026 is Malaysia's global platform for corporate innovation and ecosystem development, convening corporates, GLCs, investors, government agencies, and innovation-ready startups to activate real partnerships and accelerate enterprise-wide transformation.

About Twimbit

A global tech and advisory firm powering customer success through research, innovation and community. We provide practical, actionable insights that fuel innovation and growth. Our proprietary research platform transforms how organizations access and experience intelligence, making insights not just accessible, but engaging and impactful.