Yimie Yong

As part of the partnership, Mober will provide electric trucks (e-trucks) to service Nestlé Philippines’ logistics needs across Metro Manila.

Since its inception, the firm has raised $3.1 billion from a diverse group of global investors, including prominent corporations, foundations, family offices, and institutions.

The focus will be on fostering innovation and collaboration across industries, particularly in cloud computing and AI, to help businesses accelerate their digital transformation.

The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX, who will work in close collaboration with technology partners Arm, Microsoft, NVIDIA, Oracle, and OpenAI, to advance cutting-edge AI capabilities, drive economic growth, and shape a future driven by innovation and opportunity.

GP Bullhound is a technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 13 offices spanning Europe, US and Asia.

The company has been in discussions with the government over an investment package that would lift the restrictions.

The allegations of fraud may be damaging for Indonesia’s startup scene, and come at a critical time as young companies and investors in the country struggle to raise new funding. eFishery was the nation’s latest so-called unicorn, or a startup valued at more than $1 billion, Bloomberg added.

They are accused of jointly and dishonestly misappropriating MYR8 million of FashionValet’s investment funds from Khazanah and PNB, at Public Bank Berhad, Bukit Damansara Branch, 36-40 Medan Setia 2, Plaza Damansara, Bukit Damansara, on Aug 21, 2018.

The agency launched an investigation into Alphabet Inc's Google in 2022 on suspicion it had abused its dominant position by requiring Indonesian app developers to use Google Play Billing, at higher rates than other payment systems, or face removal from the Google Play Store, according to the report.

These advancements aim to empower developers worldwide to build innovative AI applications more cost-effectively and drive a thriving global generative AI community.