Elon Musk, tech experts call for ‘pause’ on advanced AI systems
The open letter came as tech giants and AI startups are rushing to develop better and more powerful AI systems to rival ChatGPT, the artificial intelligence chatbot developed by…
Singapore’s Right-Hand Cybersecurity announces $5M Series A funding
Right-Hand Cybersecurity, a Singapore-based human risk management firm for cybersecurity, has on Tuesday announced its successful $5 million Series A led by former PayPal…
Singapore’s Igloo extends weather index insurance to coffee farmers in Vietnam
Following the success of the weather index insurance for rice farmers, Singapore-based insurtech Igloo expands its blockchain-based parametric index insurance to coffee farmers.
Apple launches ‘Buy Now, Pay Later’ service in US
Apple's launch of BNPL service came at a time when some see the hype around BNPL is fading. During or even before the pandemic, BNPL has seen strong growth in Europe, United…
Alibaba to host conference call on Thursday to discuss split plans – report
It was reported that Alibaba intends to split its operations into six standalone units, each managed by a different chief executive.
Gobi Partners onboards Care Concierge to the Khazanah-backed Gobi Dana Impak Ventures fund
Gobi Partners, an interconnected Pan-Asian venture capital (VC) firm, has onboarded its first portfolio, Care Concierge under its newly established Gobi Dana Impak Ventures (GDIV)…
Filipino fintech Advance secures $16M in a pre-Series A funding led by Do Ventures, Lendable
Filipino fintech Advance has successfully secured $16 million in a pre-Series A funding led by Do Ventures out of Vietnam and Lendable, a technology-enabled investment and debt…
Indonesia’s Bukalapak achieves profitability in FY22 on investment gains
Indonesian e-commerce firm PT Bukalapak.com Tbk (Bukalapak) has achieved profitability in financial year ended December 31, 2022 (FY22) on investment gains.
Singapore’s STACS partners Thailand Greenhouse Gas Management Organization for carbon credit market
Singapore's environmental, social, and governance ESG fintech STACS has partnered Thailand Greenhouse Gas Management Organization to bring greater transparency to the carbon…
Gogoro partners Zomato, Kotak Mahindra Prime to accelerate electric vehicles adoption in India
Gogoro Inc., a Taiwan-based battery swapping firm, has on Tuesday announced a partnership with Zomato, the food ordering and delivery platform in India, and Kotak Mahindra Prime…
Thai insurtech Roojai raises $42M Series B funding led by HDI International
Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance…
Indonesia’s Social Bread officially launched after raising $400,000 seed funding led by East Ventures
Social Bread, an Indonesia-based digital marketing marketplace to support business owners, predominantly small and medium enterprises (SMEs), has been officially launched.
Xapo Bank becomes fully licensed bank to enable USDC deposits and withdrawals
Xapo Bank, a bitcoin custodian and licensed private bank based in Gibraltar, has collaborated with Circle, a global financial technology company helping money move at internet…
Malaysia’s private equity and venture capital funding up 8.43 pct to $3.64B in 2022
Malaysia's private equity (PE) and venture capital (VC) funding rose 8.43 percent to MYR16.08 billion ($3.64 billion) in 2022 from MYR14.83 billion ($3.35 billion) a year ago,…
