Teleport raises $50M pre-IPO capital at $500M valuation to scale model globally

Malaysia-based logistics firm Teleport has signed a subscription agreement with funds managed by HPS Investment Partners on Thursday for the issuance of redeemable convertible…

Google Cloud launches new cloud region in Thailand with $1B investment

Google Cloud announced Wednesday the launch of its new cloud region in Thailand with $1 billion investment.

Singapore’s Level3AI raises $13M in seed funding led by Lightspeed

Level3AI, a Singapore-based artificial intelligence (AI)-native company, announced Thursday it has raised $13 million in seed funding led by Lightspeed, with participation from…

Temasek firm backs Upscale AI’s $200M Series A financing

Upscale AI, Inc., a global artificial intelligence (AI) networking infrastructure company, announced Wednesday a $200 million Series A financing led by Tiger Global, Premji…

Telenor sells its ownership in Thailand’s True Corporation for $3.9B

Norwegian multinational telecommunications company Telenor Group has signed an agreement with Arise Digital Technology Company Limited, a company owned by Khun Suphachai…

Gulf Edge and Google Cloud collaborate to accelerate Thailand’s AI-powered transformation

Gulf Edge Company Limited, the digital infrastructure arm of Gulf Group, and Google Cloud announced Thursday their artificial intelligence (AI)-first collaboration.

Thunes partners UnionPay International to offer instant money transfers to China’s mainland

Thunes, the Singapore-based payment, announced Thursday the launch of faster, more reliable, and more transparent payments into China’s mainland following a deepened collaboration…

Bridgenet Solutions collaborates with Eaton to support Malaysia’s growing data center infrastructure demand

Malaysia-based technology firm Bridgenet Solutions Sdn Bhd has entered into a strategic collaboration with Eaton Industries Sdn Bhd, a power management firm, as the company…

Singapore’s Toku raises $12.65M in SGX Catalist IPO

Toku Ltd., a Singapore-incorporated artificial intelligence (AI)-powered customer experience (CX) platform, announced Wednesday the successful close of its initial public…

AWS and Exabytes launch $1.1M cloud skills initiative to train Malaysians for high-demand tech jobs

Amazon Web Services (AWS) has entered into a MYR 4.3 million ($1.06 million) Social Impact Agreement with Exabytes to equip hundreds of Malaysians, particularly those from B40 and…