News
ChatGPT for beginners, Claude for experts, AI competition continues: GenAI Fund
A new study of Vietnam-based GenAI Fund shows that OpenAI's ChatGPT and Anthropic's Claude are running nearly equal in overall platform adoption, but diverge sharply when builders are segmented by experience.
Southeast Asia IPO raised surges 85 percent on year to $2.5B in first half – EY
Southeast Asia saw a total of 35 initial public offerings (IPOs) that raised $2.5 billion, down 30 percent in volume and 85 percent increase in proceeds compared with 50 IPOs raising $1.4 billion in the first half of 2025, EY said Friday.
Singaporeans use Gemini for professional tasks, Vietnamese for math-coding, Malaysian for creative: Google
Singapore leads Southeast Asia in per capita adoption of Google's Gemini AI platform and ranks first globally by the same measure, while Vietnam dominates the region in mathematical reasoning, coding, and AI-assisted education.
US investor Srinivasan seeks meeting with Anwar’s office after startup school in Forest City raided
Earlier this week, Malaysia launched an immigration probe into people associated with Srinivasan's startup school, saying that individuals may have flouted immigration rules.
Singapore’s cryptography solution firm pQCee raises $3.9M seed round to scale quantum-safe encryption globally
Singapore-based pQCee, a post-quantum cryptography solutions firm, has raised $3.9 million in a seed funding round co-led by SGInnovate and Lotus One Investment, with participation from In Group Holdings, Wavemaker Ventures, SUTD Venture Holdings, and Apsara Investments.
Singaporean-founded Paymonade secures license to provide crypto-asset services in Europe
Singaporean-Founded Paymonade has been granted a MiCA license by Liechtenstein's Financial Market Authority (FMA) to provide regulated crypto-asset services across all 30 states of the European Economic Area under a single passportable license.
Singapore’s Crypto.com secures $400M strategic investment from Citadel Securities
Crypto.com announced Thursday a strategic $400 million investment from Citadel Securities valuing the company at $20 billion.
Singapore’s Whale raises $40M to bring Series C to $100M, targets MENA, Europe
Singapore-based enterprise AI company Whale has raised $40 million in a Series C extension, bringing its total Series C funding to $100 million, as it looks to expand operations across North America, the Middle East, and Europe.
APAC enterprises shifting AI focus from time savings to competitive advantage: LinqAlpha executive
Organisations in Asia-Pacific are moving beyond measuring artificial intelligence (AI) by time saved and are increasingly seeking differentiated insights and competitive advantages generated by AI.
Thai Aviation Industries signs airport modernization MOU with Spain’s Amadeus, UAE’s Edgewater
Thailand's Thai Aviation Industries (TAI), UAE-based Edgewater Solutions Limited, and Spain's Amadeus will jointly develop a modernization roadmap for passenger processing and airport operations across Thailand's international and regional airports.
