Temasek-backed AI firm Blaize secures $106M funding
Blaize, a global artificial intelligence (AI) computing firm, has on Monday announced it has raised $106 million from investors including Singapore state investment firm Temasek.
Flourish Ventures adds senior global investment team to lead India, SEA
Flourish Ventures, a global early-stage venture capital firm, has on Monday announced the appointment of Ravi Kaushik as Executive Director, Head of Asia Investments. Kaushik will…
Microsoft announces AI skilling opportunities for 2.5M people in the ASEAN region by 2025
American technology firm Microsoft has on Tuesday announced a commitment to equip 2.5 million people in member states of the Association of Southeast Asian Nations (ASEAN) with…
Report : India agrifoodtech funding dips to pre-pandemic levels in 2023
The investment in Indian agrifood startups dips to pre-pandemic levels in 2023, plunging 60 percent from 2022 levels to reach just below $1 billion in 2023, a report said Tuesday.…
Singapore’s Beam sees revenue grow 36 percent on year in 2023
Fueled by surging demand and strong expansion, Singapore-based micromobility company Beam saw a 36 percent increase in gross revenue from 2022, to a record $53 million in 2023.
Microsoft to invest $1.7B in cloud and AI in Indonesia
American technology firm Microsoft has on Tuesday announced it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in…
The new social media boom: AI and how it’s going to change the way we interact with each other
As AI technology keeps advancing, it's important that companies stay up to date not just by adopting AI but also by asking themselves how they can use #AI in different parts of…
Gogoro partners Sumitomo, Sumitomo Mitsui Finance and Leasing to accelerate global expansion
Gogoro Inc., a Taiwan-based battery-swapping ecosystems firm, said Tuesday it has partnered with Japanese integrated trading firm Sumitomo Corporation and Sumitomo Mitsui Finance…
Indonesia’s Bukalapak posts positive EBITDA for the first time in first quarter
PT Bukalapak.com Tbk, an Indonesian e-commerce company, has posted a positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for the first time…
Singapore’s Thrixen raises $7M in funding round co-led by 22Health Ventures and John Ballantyne
Thrixen, a Singapore-based medical technology start-up, has on Monday announced the successful close of an oversubscribed funding round, raising $7 million capital to accelerate…
Indonesia’s GoTo says on track to meet full-year adjusted EBITDA break even target
Indonesia's largest technology firm PT GoTo Gojek Tokopedia Tbk (GoTo) says it is on track to meet full-year adjusted earnings before interest, taxes, depreciation, and…
Combating scams in the Malaysian motorcycle marketplace for a safer future
Let's dive into the intricate landscape of scamming and fraud in #Malaysia, understanding its implications and exploring potential solutions to safeguard the interests of those…
AirAsia MOVE’s monthly active users up 19 percent year on year to 15.34 million
Asia MOVE, formerly known as airasia Superapp, has seen its monthly active users (MAU) grow 19 percent year on year growth to 15.34 million in the first quarter.
Malaysian automaker Proton opens R&D facility in China
Malaysian national carmaker Proton Holdings Bhd has opened its research and development (R&D) center at Hangzhou Bay in China last Saturday to strengthen its collaborative…
