Duc Dao

Data-and-AI company Databricks, based in the United States, will invest more than $350 million in Singapore over three years, doubling its local workforce and quadrupling its office space as enterprises adopt AI.

Hang Ten Systems, an enterprise-AI services startup founded by former Infosys chief executive Vishal Sikka, has raised an additional $53 million led by Singapore-based Xora Innovation, a Temasek-backed fund.

VinFast, the Nasdaq-listed Vietnamese electric-vehicle (EV) maker, will buy a real-estate company from its founder, billionaire Pham Nhat Vuong, for about $1.2 billion, in order shore up its finances.

Anthropic, the developer of Claude AI, will join hands in Western Downs Digital Park, a data center project in Australia worth A$31.9 billion ($22.2 billion).

Plaud, a maker of AI-powered voice-recording devices, has opened its Asia-Pacific headquarters in Singapore and pledged to invest at least S$20 million (US$16 million), doubling a commitment it made earlier this year.

The U.S. Trade and Development Agency (USTDA) will fund a study of American small nuclear-reactor technology for Thailand's first nuclear power plant, part of Washington's push to promote its civil-nuclear industry abroad.

The U.S. Trade and Development Agency (USTDA) will fund a feasibility study for a "trusted" trans-Pacific submarine cable linking Thailand to the United States, a route designed to avoid the South China Sea.

China puts equal emphasis on development and security in artificial intelligence (AI) and has released an updated AI safety governance framework, its foreign ministry said.

Japan's Ricoh has invested in Intellect, a Singapore-based workplace mental-health platform, through its corporate venture-capital fund, in the fund's first deal.

China's AlphaPai, an AI assistant for investment research, has raised $50 million in a Series B round backed by major Chinese financial institutions, its third funding round in a year.