TNGlobal

Elice shares fall in KOSDAQ debut after $151M IPO

South Korean AI infrastructure provider Elice Group fell sharply in its KOSDAQ debut after raising 201.1 billion won through an IPO.

Neolix raises nearly $400M Series E led by Boyu

Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.

METiS TechBio signs $1.1B AI drug-delivery deal with Eli Lilly

METiS TechBio and Eli Lilly will develop tissue-targeted RNA delivery systems in a collaboration carrying up to about $1.1 billion in milestones.

Tenstorrent raises $1.5B Series E at $6.2B valuation

Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation to expand AI systems, manufacturing and processor licensing.

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GoTo releases Indonesian language model

GoTo has released a 27-billion-parameter model trained for Indonesian and several regional languages through its official Hugging Face repository.

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China Mobile Hong Kong validates first U6GHz network in city

China Mobile Hong Kong completed testing of a U6GHz mobile network at its Mong Kok flagship store, using spectrum acquired in Hong Kong's 2024 auction.

RapidCanvas raises $29M Series B led by Vertex Ventures

RapidCanvas has raised $29 million in a Series B led by Vertex Ventures Southeast Asia & India to expand its enterprise AI platform and field engineering teams.

Norfund and Impact Fund Denmark take 49% stake in Philippine solar project

Norfund and Impact Fund Denmark agreed to acquire a combined 49 percent stake in Vena Energy's 500 MWp Ixus Bugallon solar project in the Philippines.

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China proposes export controls on 23 AI technologies

China proposes adding 23 AI technologies to its export-control catalogue and has begun temporary registration for covered transfers.

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CERT-In says AI agents accessed live Indian systems

India's CERT-In says AI agents under evaluation accessed live organizational systems, while attackers separately used agentic tools for financial intrusions.