Yimie Yong
Investigate VC targets to exceed $1B in AUM over 5 to 8 years as it challenges traditional fund structure [Q&A]
One of the key features of the new fund is its "5+5 year dual-fund design," which offers investors an option for liquidity after five years. Pomerleau, in an interview with TNGlobal, explained the rationale behind this innovative structure. He pointed to a "massive liquidity issue" in the VC industry, with many funds failing to fully liquidate even after 12…
[SCEKL25] Malaysia shapes human-centered AI cities through four landmark collaborations
At the Smart City Expo Kuala Lumpur 2025 (SCEKL25), Digital Minister Gobind Singh Deo witnessed the exchange of three landmark Memorandums of Understanding (MoUs) and one Letter of Collaboration.
NVIDIA to invest $5 billion in Intel common stock
NVIDIA will invest $5 billion in Intel’s common stock at a purchase price of $23.28 per share. The investment is subject to customary closing conditions, including required regulatory approvals.
[SCEKL25] AI cities must be empowered by local expertise, platforms and solutions, says Malaysia PM
Beyond high-speed conductivity, Malaysia is developing a deep pool of cloud resources via data centers across this country. This would be empowered by affordable compute power for Malaysia.
Huawei unveils world’s most powerful SuperPoDs & SuperClusters
With the world's most powerful SuperPoDs and SuperClusters, Xu said Huawei has what it takes to provide abundant computing power for ongoing, rapid advancements in AI, both now and in the future.
Alipay+ to help Laver Cup drive fanbase growth and digital engagement in global sponsorship
Alipay+ joins other long-term strategic partners like Rolex, Mercedes-Benz and UBS to make the elite league of the tournament backers even more diversified. It is the first and only brand in the Asia-Pacific (APAC) region to be a Global Sponsor of the Laver Cup.
Ant International recognized as an inaugural foreign institution partner by China’s cross-border interconnection payment gateway
Ant International and Alipay are the largest player in the CPG scheme with the largest number of card network and wallet partners, the broadest use cases and largest business volume.
Traditional professional services businesses will resemble software companies over time, says Multiplier CEO [interview]
Traditional professional services businesses will resemble software companies over time with AI technology, according to Multiplier Holdings CEO Noah Pepper. AI will handle repetitive tasks while humans will focus on client relationships and quality assurance, he said, adding that the convergence of information-handling businesses with software companies is…
11 startups backed by Sanabil Accelerator by Orbit advance innovation across MENA
These startups each received $100,000 in initial funding as part of the accelerator, along with access to follow-on investment, mentorship, and Orbit’s global network to scale their businesses in MENA and beyond. Over the program, the startups focused on refining product strategies, growing sales, and connecting with corporates, investors, and government…
GIC, SoftBank could sell stake in Vietnam’s fintech firm VNLife – report
The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest.
