ASEAN GenAI sector funding seen to grow 50 percent year-over-year in 2025
GenAI Fund, through its latest report, has projected the funding for ASEAN generative artificial intelligence (GenAI) sector to increase 50 percent year-over-year in 2025.
Maybank partners Bank of Hangzhou to enhance cross border financing, advancing AI, digital innovation
Malayan Banking Berhad (Maybank) has announced on Thursday announced a strategic collaboration with Chinese lender Bank of Hangzhou to enhance cross border financing and advancing…
Filipino fintech firm Salmon completes $30M Series A-2 financing round
Salmon intends to allocate a portion of the proceeds to strengthen the capital base of the Rural Bank of Sta. Rosa (Laguna), with plans to increase the bank's total capital to PHP…
Filipino AI startup Clout Kitchen raises $4.45M from a16z SPEEDRUN, Peak XV’s Surge & AppWorks
The round was co-led by a16z SPEEDRUN and Peak XV’s Surge – with participation from Taiwan’s AppWorks, Antler, Hustle Fund, Founders Launchpad, Orvel Ventures, and founders &…
Mocaverse partners Square Enix’s ‘SYMBIOGENESIS’ to accelerate Web3 user onboarding
Mocaverse, the marquee consumer network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, have announced…
Malaysians lose $2.8B to scams in a year as AI-powered scam on the rise
Malaysians lose $12.8 billion to scams in a year, equivalent to 3 percent of the nation's gross domestic product (GDP), as artificial intelligence (AI)-powered scams on the rise,…
Automobili Lamborghini, Animoca Brands, and Motorverse team up to launch Fast ForWorld
Automobili Lamborghini, Animoca Brands, and Motorverse have teamed up to launch Fast ForWorld, an upcoming immersive platform that will revolutionize brand engagement through…
Maximizing AI investments: Transforming DevOps teams in APAC
In #APAC, organizations have immense opportunities for AI-augmented #DevOps practices. However, for AI adoption to succeed, it is crucial to train development and testing teams…
IFC invests $7M into Philippine technology firm First Circle
The International Finance Corporation (IFC) has invested $7 million into First Circle, a technology company providing smart banking solutions to small and medium-sized…
[Discover Vietnam Tech] Large population, rapid economic growth, stable government are reasons why Quest Ventures sees Vietnam as key market
Discover Vietnam Tech is a new series where we dive deep into the vibrant and rapidly growing tech and innovation ecosystem of Vietnam. In this collection of interviews and…
Singapore’s eSIM solutions firm Truely raises $3.5M financing led by 1982 Ventures
With this round of financing, Truely plans to release B2B2C services designed for major travel operators, Airlines, Airports, OTA’s and service providers, as well as release…
OneDegree achieves first operating profit in third quarter
OneDegree Group, a cyber security and insurance group, announced Wednesday that it has reached its first operating profit in the third quarter of 2024, marking a significant…
IFC, HSBC Asset Management expand partnership to support sustainability in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and HSBC Asset Management (HSBC AM) have on Wednesday announced an agreement to establish a…
RHB sees Malaysia to become the largest data center hub in ASEAN
Malaysia is poised to become the largest data center hub in the region with about 4GW of inventories projected to come on stream over the next four to five years, RHB Research…
