Malaysia’s PE firm Creador closes Fund VI at $930 million, says Founder & CEO Brahmal Vasudevan
Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.
How generative AI is revolutionizing creative industries and driving regional transformation in Southeast Asia
As businesses embrace generative AI, they must view the technology as a complement to human creativity, not a replacement. By fostering collaboration between humans and machines,…
Temasek backs Databricks in $15B financing to boost AI globally
Databricks, the global data and artificial intelligence (AI) company, has on Wednesday announced the final closing of its Series J funding.
Hong Leong sees Malaysian government supportive policies to provide competitive advantage in data center amid US AI chip curbs
While the recent US Framework for AI Diffusion presents a dent to Malaysia’s booming DC space, Hong Leong Investment Bank Research said Wednesday that Malaysian government…
Global data and AI firm Databricks expands presence in ASEAN by entering Indonesia
Databricks, the global data and artificial intelligence (AI) company, is expanding its presence in ASEAN by announcing plans to enter Indonesia.
Alibaba Cloud: outlook for the tech ecosystem in Southeast Asia in 2025 is ‘extremely promising’
The focus will be on fostering innovation and collaboration across industries, particularly in cloud computing and AI, to help businesses accelerate their digital transformation.
Trump unveils $500B major AI infrastructure venture led by Softbank, Oracle & OpenAI
The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX, who will work in close collaboration with technology partners Arm, Microsoft, NVIDIA, Oracle, and…
Maybank estimates ASEAN data center growth at 20 percent revenue CAGR by 2028
Maybank Investment Bank has estimated ASEAN data center growth at 20 percent revenue compound annual growth rate (CAGR) by 2028.
London-based GP Bullhound welcomes Shahril Hamdan as Head of Southeast Asia
GP Bullhound is a technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and…
The hidden costs behind big discounts: Why the grey market should worry you
Brands should continuously update their monitoring technologies and strategies to stay one step ahead of grey market activities, while buyers should educate themselves about the…
Apple close to deal to lift Indonesian iPhone ban, minister says – report
The company has been in discussions with the government over an investment package that would lift the restrictions.
Indonesia’s eFishery unicorn allegedly faked most of its sales – report
The allegations of fraud may be damaging for Indonesia’s startup scene, and come at a critical time as young companies and investors in the country struggle to raise new funding.…
Singapore’s Crypto.com launches new exchange in the United States
Singapore-based cryptocurrency exchange company Crypto.com has announced the launch of the Crypto.com Exchange, Crypto.com’s institutional-grade offering, in the United States.……
Malaysia’s FashionValet founders claim trial to alternative charges of fund misappropriation – report
They are accused of jointly and dishonestly misappropriating MYR8 million of FashionValet’s investment funds from Khazanah and PNB, at Public Bank Berhad, Bukit Damansara Branch,…
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