TechNode Global Staff

BW Digital partners Citramas to build data center in Indonesia

BW Digital, a member of BW Group and headquartered in Singapore, and Citramas Group, an Indonesia-based conglomerate, have on Monday announced the signing of a memorandum of understanding (MoU) for the joint development of a carrier-neutral digital ecosystem in Batam’s Nongsa Digital Park (NDP), Indonesia.

US’s Vantage Data Centers secures $64M loan from top Taiwanese banks

Vantage Data Centers, a global provider of hyperscale data center campuses, has on Tuesday announced that it has secured a $64 million loan from CTBC Bank and Cathay United Bank to fund the development of the company's first data center in Taipei, Taiwan (TPE11).

Animoca Brands Japan partners KDD to accelerate Web3 adoption through Mocaverse and αU

Animoca Brands Japan, a strategic subsidiary of Animoca Brands, and KDDI Corporation (KDDI) have signed a memorandum of understanding (MoU) to explore a strategic alliance to accelerate Web3 adoption. This includes collaboration between Mocaverse, the marquee growth network with an interoperable infrastructure layer of account, identity, reputation, and…

Singapore’s Sea achieves first full year annual profit since IPO

Singapore-based tech conglomerate Sea Limited has achieved its first full year of annual profit in 2023 since its initial public offering (IPO). The firm posted a net income of $162.7 million in 2023, as compared to total net loss of $1.7 billion in 2022.

Most businesses bullish on using generative AI to disrupt, but underestimate requirements, says study

A global study by MIT Technology Review Insights (MITTR) has found that while most businesses are seeking to disrupt their industries using generative artificial intelligence (AI), only a small proportion believe they have the right level of technology and other attributes such as funding, culture and skills to support its rapid adoption.

India’s Cardiotrack secures $2M in Pre-series A funding led by seasoned angel investor

Cardiotrack, an India-based provider health-tech firm, has on Monday announced that it has received $2 million in Pre series-A funding. The funding is coming from a slew of investors, led by seasoned angel investor Girish Narasimhan, Managing Director and Principal, Corporate Finance Associates Worldwide Inc.

Singapore’s EduSpaze announces six early-stage startups for its accelerator program

EduSpaze, Singapore’s leading edtech accelerator, has on Tuesday welcomed six early-stage startups across the region into its well-established three-month accelerator program. The six startups, including YAHO Lab, Edvance, Quippy, School on Cloud, Safe Space, and Salatech, were selected.

Malaysia’s first smart AI container port to be built in Port Dickson, Negeri Sembilan

The Negeri Sembilan government, in partnership with Malaysia listed company Tanco Holdings Berhad, have announced the signing of a joint venture agreement for the development of Malaysia’s first smart artificial intelligence (AI) container port at Dickson Bay, Port Dickson, Negeri Sembilan of Malaysia.

Huawei, NUR Power and JS Solar team up to develop smart and green industrial park in Malaysia

Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia), N.U.R Power Sdn Bhd (NUR Power) and JS Solar Sdn Bhd (JS Solar) will jointly develop an inaugural Smart and Green Industrial Park within the Kulim Hi-Tech Park (KHTP), Kedah, Malaysia.

Indonesia’s wagely secures $23M in new funding led by Capria Ventures

Wagely, an Indonesia-based financial wellness platform, has secured $23 million in new funding amidst current funding drought as the company surpasses more than one million salary disbursements since inception.