News
Indonesia’s Indosat jointly launches 1GW AI factory platform Zankore with Qatar’s Ooredoo, Finland’s Nokia, US’ NVIDIA
Indonesia's Indosat Ooredoo Hutchison has launched Zankore by Indosat, an AI infrastructure platform targeting 1 GW of NVIDIA DSX AI Factory capacity, in collaboration with Qatar's Ooredoo Group as lead investor, Finland's Nokia, and US chipmaker NVIDIA.
Australia’s Firmus raises $2B from Blackstone, Coatue, NVIDIA, to expand AI factories in APAC
Australia's Firmus Grid, featuring Singapore office, has received full commitments for a $2 billion strategic equity investment round, bringing its total new equity raised over the past year to more than $3 billion and its post-money valuation above $10.5 billion.
Vietnam’s NAPAS links QR payments with China’s Weixin Pay, targeting over 1B users
National Payment Corporation (NAPAS), a payment platform in Vietnam, has connected its VietQRGlobal payment infrastructure with China's Weixin Pay, enabling Chinese visitors to scan QR codes and make payments in Vietnam.
Vietnam’s science ministry, Singapore’s NUS Enterprise to collaborate in AI, semiconductor, startup
Vietnam's Ministry of Science and Technology and NUS Enterprise, under National University of Singapore (NUS), will collaborate in artificial intelligence (AI), semiconductors, technology transfer, startup development, and technology workforce training.
Japan Investment Corporation commits $12.7M to VC fund Red No. 1 Healthcare
Japan Investment Corporation (JIC) will invest JPY2 billion ($12.7 million) in Red No. 1 Healthcare Investment Limited Partnership, which focuses on biotech, medical devices, and healthcare services startups.
CoreWeave expands cloud AI platform to Indonesia, marking first move into Asia-Pacific region
US's artificial intelligence firm CoreWeave, Inc. announced Tuesday its expansion into Indonesia, the company's first data center presence in the Asia-Pacific region.
Mobile technologies and services to contribute $1.4T to Asia Pacific economy by 2030 – GSMA
Mobile technologies and services are projected to contribute $1.4 trillion to the Asia Pacific economy by 2030, a 40 percent increase from the US$1 trillion generated today, according to the GSMA’s new Mobile Economy Asia Pacific 2026 report revealed on Thursday.
Southeast Asia’s AI startups raise $9.3B with Singapore emerges as the largest hub – Tracxn
Southeast Asia's Native AI ecosystem has raised approximately $9.3 billion across 261 disclosed equity rounds as of July 2026, with Singapore emerges as the largest hub, Tracxn said Wednesday.
India’s River Mobility, backed by Toyota, Yamaha, raises $120M Series C to expand electric motorbike factories
India's River Mobility has closed a $120 million Series C round comprising equity and venture debt, among the largest private investments in India's electric two-wheeler sector.
Maybank collaborates with MAS to advance programmable cross-border settlement
Maybank Singapore announced Thursday its participation in the Monetary Authority of Singapore's (MAS) BLOOM initiative, reinforcing its commitment to advancing next-generation, best-in-class cross-border payments and transaction banking infrastructure.
