TikTok’s parent ByteDance planning $2.1B investment to make Malaysia regional AI hub, minister says
The plan also aims to turn Malaysia into a regional AI hub.
[BEYOND Expo 2024] Global Investment Summit explores future of investment with David Beckham’s special session
This event drew global investment leaders to Macao to delve into key themes reshaping the future of investment amidst today’s complex financial landscape. The summit highlighted…
The Sandbox raises $20M funding at $1B valuation cap
The Sandbox, a user-generated content (UGC) metaverse platform of Hong Kong-based Animoca Brands, announced Thursday that it has raised $20 million of convertible promissory notes…
Temasek led $208M equity investment in German radiopharmaceutical biotech firm ITM
Singapore state-owned investor Temasek has led EUR 188 million ($208 million) equity investment in German radiopharmaceutical biotech firm ITM Isotope Technologies Munich SE…
Tanco, CCCC Dredging (Group) join hands to develop Malaysia’s first smart AI container port
Malaysian property developer Tanco Holdings Berhad has partnered with Chinese infrastructure group China Communications Construction Company Limited (CCCC) to develop Malaysia’s…
Report : Malaysian knowledge workers use AI more than their global counterparts
Malaysian knowledge workers use artificial intelligence (AI) more than their global counterparts, a report said Thursday. Microsoft Corp and LinkedIn said in their 2024 Work Trend…
Foxconn to build advanced computing center in Taiwan based on NVIDIA Blackwell platform
Taiwan-based Hon Hai Technology Group (Foxconn) has Tuesday announced that it plans to build an advanced computing center in Kaohsiung, Taiwan, with the NVIDIA Blackwell platform…
Tether invests $18.75M in Taiwanese blockchain-enabled financial institution XREX Group
Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial…
Indian-founded Testsigma raises $8.2M led by MassMutual Ventures
Indian-founded artificial intelligence AI-powered, low-code test automation platform Testsigma announced Wednesday that it has raised $8.2 million in funding led by MassMutual…
Japan’s Astroscale raises $153M from Tokyo IPO
Astroscale Holdings, a Japan-based space tech startup, is raising $153 million via initial public offering (IPO) at Tokyo.
Boost Bank officially launches digital bank app to Malaysians
Boost Bank by Axiata and RHB (Boost Bank), a homegrown digital bank, has on Thursday announced the launch of its digital bank app to Malaysians.
India’s Fibe raises $90M in Series E funding led by TR Capital, Trifecta Capital and Amara Partners
Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest…
McDonald’s partners Bandwagon Labs to create first-of-its-kind in-app metaverse
Singapore's entertainment media tech company Bandwagon, through its metaverse arm Bandwagon Labs, has partnered with McDonald's Singapore to launch an immersive web-app-based…
Philippine EV startup Mober secures $6M funding from Clime Capital
Mober, a green logistics services provider in the Philippines, has garnered an investment of up to $6 million from the South East Asia Clean Energy Facility II (SEACEF II) managed…
