Germany’s Infineon invests up to $5.46B to build largest 200-millimeter SiC Power Fab in Malaysia
Germany's semiconductor manufacturer Infineon Technologies AG will build the world’s largest 200-millimeter SiC (silicon carbide) Power Fab in Kulim, Malaysia. Over the next five…
Alibaba Cloud open sources Tongyi Qianwen with 7 billion parameter model
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest contribution to the open-source community by open-sourcing its…
Canada’s Tenstorrent raises $100M strategic up-round co-led by Hyundai, Samsung
Canadian chip startup Tenstorrent has announced that it has closed a $100 million strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund. The round also…
Temasek to invest $145M in Indian Mahindra & Mahindra EV unit
Singaporean state investor Temasek will invest INR 1,200 crore ($145.02 million) into Indian automaker Mahindra & Mahindra Ltd's electric vehicle (EV) unit for up to 3 percent…
Soft Space, Hong Leong Bank and JCB expand JCB card acceptance in Malaysia
Malaysia-based fintech-as-a-service provider Soft Space, Japan-based international payment brand JCB's international operations subsidiary JCB International (JCBI), and Malaysian…
Gobi Partners bolsters HealthTech portfolio to $11.8M in Greater Bay ASEAN
Pan-Asian venture capital firm Gobi Partners has bolstered its HealthTech portfolio with an aggregate investment of $11.8 million, spreading across 12 dynamic startups within…
Funding Societies partners CGC Digital to support MSMEs via digital supply chain financing guarantee
Singapore-based digital financing platform Funding Societies has partnered with CGC Digital, the FinTech subsidiary of Credit Guarantee Corporation Malaysia Berhad (CGC), to…
Australian clean energy company MGA Thermal secures $8.25M funding to accelerate operations
Australian clean energy company MGA Thermal, has secured $8.25 million in funding as it prepares to scale its long-duration energy storage (LDES) solution. The fundraising effort…
Charging ahead: Driving the Philippines to sustainability through usage of electric vehicles
The shift to #EVs is not merely a response to government mandates or global pressure, but it represents an opportunity to transform the economy, improve #EnvironmentalImpact, and…
Insignia AI Notes #3: The Generative AI flywheel in Southeast Asia and clues on what will determine market makers and leaders
Despite its complexity, the #GenAI sector in #SoutheastAsia is teeming with opportunities. With each addressed challenge, another piece of the puzzle falls into place, painting a…
Binance receives operational MVP license in Dubai
Crypto asset trading platform Binance's Dubai subsidiary Binance FZE has become the first exchange to receive the operational minimum viable product (MVP) license from Dubai's…
Nomura’s crypto arm receives operating license from Dubai
Laser Digital Middle East FZE, Nomura’s Dubai-based digital asset subsidiary, announced Tuesday that it has received operating license approval from Dubai’s Virtual Asset…
FWD Startup Studio Accelerator application is open to Asia-based startups to apply
Application for FWD Startup Studio Accelerator Program is now open, with a focus on Asia-based startups that are venture-backed in insurtech or adjacent verticals. FWD Startup…
Ni Hsin EV Tech partners foodpanda Malaysia for greener food delivery with EV motorcycles
Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly owned subsidiary of Malaysia-listed firm Ni Hsin Group Berhad, has partnered delivery platform foodpanda Malaysia for greener food…
