Duc Dao

Singapore-based Ant International’s Antom to distribute Google’s AI Plus subscriptions in Asia

Ant International's payments arm Antom will distribute Google's AI Plus subscription service across Asia through digital-payment and e-commerce networks, starting in Indonesia.

Malaysia Digital Economy Corp CEO Anuar to step down after 2 years, $44B investment secured

Anuar Fariz Fadzil, CEO of Malaysia's state agency Malaysia Digital Economy Corporation (MDEC), will step down when his two-year contract ends on October 2, after a tenure of drawing MYRRM180 billion ($44 billion) in digital investment.

VPBank, JBIC sign $27M green loan for southern Vietnam power transmission line

Vietnam's private bank VPBank has signed a $27 million loan with Japanese banks to help build a high-voltage power-transmission line in southern Vietnam, part of efforts to move more renewable electricity onto the national grid.

EHang-backed Hanoi sandbox to test pilotless aircraft taxi

Hanoi's Department of Science and Technology and Vietnam-based HungViet have signed an agreement to pursue a controlled regulatory sandbox for EHang's pilotless EH216-S electric vertical take-off and landing aircraft (taxiing, flying taxi) at Hoa Lac High-Tech Park.

AMD to buy Fei-Fei Li’s AI startup World Labs for $8.2B

AMD will acquire World Labs, an AI model and research lab led by Fei-Fei Li, for $8.2 billion, the company said in a statement on Monday.

Japan’s Kawaijuku invests in Vietnamese VC fund Do Ventures to expand in education

KJ Holdings, the holding company of Japanese education group Kawaijuku, has invested in Do Ventures Fund II, a fund run by a Vietnamese venture-capital firm, as it looks to build education businesses in Vietnam.

Samsung invests $1B in KKR’s AI-infrastructure firm Helix, joining NVIDIA, Vistra

South Korea's Samsung and five affiliates will invest a combined $1 billion in Helix Digital Infrastructure, an AI-infrastructure company set up by private-equity firm KKR.

Samsung Electro-Mechanics to invest $4.9B in AI-chip substrates, including $1.8B for Vietnam

South Korea's Samsung Electro-Mechanics will invest KRW6.78 trillion won ($4.9 billion) to expand production of chip-packaging substrates in South Korea and Vietnam, its biggest bet yet on components for AI processors.

Singapore’s Ropedia opens physical-AI data platform to academic researchers worldwide

Ropedia, a Singapore-based physical-AI startup spun out of Nanyang Technological University, has launched a program giving academic researchers access to its wearable data-capture device.

EV maker VinFast’s Vietnam arm to reabsorb spun-off R&D firm, lifting charter capital to $8B

VinFast, the electric vehicle (EV) maker under Vietnam's conglomerate Vingroup, will merge back in Tuong Lai, an affiliated firm it spun off a year ago, lifting its registered capital to about VND214 trillion ($8.2 billion).