TechNode Global Staff

The Thailand Board of Investment (BOI) has on Wednesday approved a 126.8 billion baht ($3.77 billion) data hosting project by leading global video content platform TikTok, and a 3.25 billion baht ($96.61 million) cloud services project by Thailand-based cloud services firm focusing on artificial intelligence (AI) applications Siam AI.

Helion, a fusion energy company, has on Tuesday announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s groundbreaking fusion technology.

Vietnamese tech startups raised $120 million in funding in 2024, representing a 38 percent decline from the $196 million secured in 2023 and a sharp 77 percent drop compared to the $518 million raised in 2022, Tracxn said Tuesday.

Malaysian telecommunication firm Axiata Group Berhad has inked deals with Indonesian conglomerate Sinar Mas to advance strategic collaboration in digital solutions in the Malaysian and Indonesia.

NTT DATA, a Japan-based digital business and information technology (IT) services provider, has on Tuesday announced the international launch of its next-generation Smart AI AgentTM.

BitGo, the global digital asset provider, has joined forces with OneInfinity by OneDegree, a Hong Kong-based digital asset insurance and security solution provider, for digital asset custody risk management in Japan.

Maybank Investment Bank said Tuesday that Malaysia's automotive industry is transitioning, driven by the rise of electric vehicle (EV) players, with current investments focused on downstream areas like showrooms and service centers, alongside growing interest in EV assembly.

Crypto.com has on Monday announced that its Malta entity has received a markets in crypto assets (MiCA) license from the Malta Financial Services Authority (MFSA).

The Asian Development Bank (ADB) has signed a financing package of up to $100 million to support Philippine conglomerate Ayala Corporation’s contributions to the development of an electric mobility ecosystem in the Philippines.

The Securities Commission Malaysia (SC) has on Monday announced SARANA, an alternative financing scheme offered by nine SC-registered peer-to-peer financing (P2P) platform operators under the Government e-procurement system.