News

Foxconn adds $62M to unit in Vietnam, to build EV charging stations

Taiwan's Foxconn has injected an additional $62 million into its subsidiary in Quang Ninh province, northern Vietnam and added a new business activity of manufacturing electric vehicle (EV) charging stations.

China’s Alibaba launches Qwen3.8-Max AI model with 2.4T parameters, 1M token context window

China's Alibaba has launched Qwen3.8-Max, the largest AI model in its Qwen large language and multimodal model family, featuring 2.4 trillion parameters and a context window of up to 1 million tokens.

China’s Zeekr hits 5,000 vehicle deliveries in Malaysia, launches charging network, extended warranty

Zeekr Intelligent Technology Malaysia, under China's electric vehicle (EV) brand Zeekr, has reached 5,000 cumulative vehicle deliveries in Malaysia in less than two years since launch, the firm said in a statement on Tuesday.

Japan’s workforce platform X Mile raises $20M Series C to expand vertical AI for non-desk workers

Tokyo-based workforce platform X Mile has raised JPY 3.17 billion ($20 million) in a Series C round led by Vertex Growth, the growth-stage platform of the Vertex global venture capital network, bringing the company's total funding to JPY6.96 billion.

Only 29% of Singapore firms can prove AI decisions, below APAC’s 38%: Sumsub

Only 29 percent of Singapore businesses can produce an audit trail to prove AI-driven decisions to regulators, shareholders, or customers, trailing the Asia-Pacific average of 38 percent who hold a tamper-proof audit trail.

Singapore’s superapp Grab posts $1.95B revenue, $355M profit in H1/2026, bets on AI for growth

Grab, the Singapore-based superapp, reported revenue of $1.95 billion for the first half of 2026, up 23 percent year-on-year, with profit for the period of $355 million compared with $30 million a year earlier, Grab said in its quarterly review released on Tuesday.

Japan’s SoftBank telecom unit, Singapore’s SC ZEUS , Malaysia’s Robust HPC sign AI data center pact for Southeast Asia

SB Telecom Singapore, a subsidiary of Japan's SoftBank, Singapore's SC ZEUS Data Centers, and Malaysia's Robust HPC Group will collaborate to develop AI data center infrastructure across Southeast Asia, with initial deployments focused on Malaysia, Thailand, Indonesia, and Vietnam.

Malaysia only Asian market with 100% AI investment commitment: Alibaba Cloud

Malaysia is the only market among eight surveyed in Asia where 100 percent of respondents plan to increase AI investment, according to a survey of 1,000 IT decision-makers commissioned by China's Alibaba Cloud and conducted by NielsenIQ.

China’s Huawei launches 4 AI data center power&cooling solutions in Malaysia

China's technology giant Huawei has launched four AI data center infrastructure solutions in Malaysia targeting power supply, power protection, energy storage, and cooling.

Malaysia’s Cradle Fund opens registration for startup summit, targets growth opportunities, investment trends

Cradle Fund, the Malaysian government's focal point agency for startup ecosystem development under the Ministry of Science, Technology and Innovation (MOSTI), has opened registration for the Cradle LIVE! Summit 2026.