News

Taiwan's Foxconn and France's Schneider Electric will co-develop integrated solutions for AI data centers, combining Foxconn's expertise in advanced compute platforms and AI rack integration with Schneider Electric's power systems, cooling, and energy management capabilities.

Chipmaker Austria Technologie & Systemtechnik Aktiengesellschaft (AT&S) will expand production capacity for high-end IC substrates for artificial intelligence (AI) and high-performance computing, with investments spanning its Kulim facility in Malaysia and its Chongqing plant in China, totaling €1.5-2.0 billion ($1.74-2.32 billion).

The achievement was welcomed by Malaysia's startup development agency, Cradle Fund, which highlighted the success as a reflection of the country's growing talent pool and the importance of providing innovators with access to regional platforms and networks.

Singapore-based enterprise AI startup Pints AI has raised $5.6 million in a pre-Series A round led by Tin Men Capital, with SBI Ven Capital co-leading and participation from SEEDS, NTUitive, SUTD Venture Fund, and Tenity,

Intel is set to invest $2.6 billion more in Vietnam, raising the total investment to $4.1 billion, the U.S. chipmaker said in a statement on Friday, at its 20th anniversary of operation in Vietnam.

VinFast, the electric vehicle (EV) manufacturer under Vietnam’s conglomerate Vingroup, has produced its one millionth electric motorcycle, nearly eight years after it began manufacturing the Klara, its first electric motorcycle model, in November 2018.

Bank Negara Malaysia (BNM), the World Bank Group and the United Nations Development Program Biodiversity Finance Initiative (UNDP BIOFIN) have on Thursday released a report entitled ‘A LEAP for Nature: Advancing Nature-related Financial Risk and Opportunity Assessment in Malaysia.'

Granite Asia, a pan-Asia investment platform with over $10 billion in assets under management, has marked the facility opening of its portfolio company Galatek Technologies in Penang (Malaysia).

KKR, together with the Kuwait Investment Authority (KIA), NVIDIA and Vistra, announced Thursday the launch of a $10 billion fund to finance and deliver the next generation of artficial intelligence (AI) infrastructure.

Singapore has unveiled a long-term strategy to strengthen its role in global standards-setting for artificial intelligence (AI), as the city-state seeks to position itself as a trusted hub for digital trade and emerging technologies.