Future of Work

SiS Distribution (Thailand) will invest $800,000 in SIS Technologies Vietnam, taking an 80 percent stake and making the Vietnamese company a subsidiary of the Thai company.

Amazon Web Services (AWS) has launched Semarak AI Malaysia, a national program to give government officers, students, software companies, and communities AI tools and skills to build their own solutions.

Check Point and Singapore's ITE plan to provide cybersecurity training resources and virtual labs to more than 500 students annually.

Toku Ltd., a Singapore-headquartered AI-powered customer experience company, said foodpanda is now using its Toku Contact Centre to support customers in Cambodia and Laos.

Ailytics, a Singapore vision AI startup, has raised $7.4 million in a Series A round led by Tin Men Capital, an enterprise and frontier technology venture firm.

Twilio research finds a gap between brands' confidence in AI customer memory and consumers' experience, with 70 percent of APAC consumers saying they often have to start over.

France's energy giant Schneider Electric will invest S$25 million ($19.6 million) in upgrading it smart automation and digital capabilities at its Hub Asia Distribution Center in Tuas, Singapore.

Data-and-AI company Databricks, based in the United States, will invest more than $350 million in Singapore over three years, doubling its local workforce and quadrupling its office space as enterprises adopt AI.

Hang Ten Systems, an enterprise-AI services startup founded by former Infosys chief executive Vishal Sikka, has raised an additional $53 million led by Singapore-based Xora Innovation, a Temasek-backed fund.

Wipro says AI productivity gains have freed capacity equivalent to about 20,000 employees, with the capacity redeployed as the company shifts to a human-AI model.