News
Google Cloud launches new cloud region in Thailand with $1B investment
Google Cloud announced Wednesday the launch of its new cloud region in Thailand with $1 billion investment.
Singapore’s Level3AI raises $13M in seed funding led by Lightspeed
Level3AI, a Singapore-based artificial intelligence (AI)-native company, announced Thursday it has raised $13 million in seed funding led by Lightspeed, with participation from BEENEXT, 500 Global, Sovereign’s Capital, and Goodwater Capital.
Temasek firm backs Upscale AI’s $200M Series A financing
Upscale AI, Inc., a global artificial intelligence (AI) networking infrastructure company, announced Wednesday a $200 million Series A financing led by Tiger Global, Premji Invest, and Temasek-backed Xora Innovation.
Telenor sells its ownership in Thailand’s True Corporation for $3.9B
Norwegian multinational telecommunications company Telenor Group has signed an agreement with Arise Digital Technology Company Limited, a company owned by Khun Suphachai Chearavanont, to sell 24.95 percent of the shares in Thailand's telecom technology firm True Corporation for a total value of approximately NOK 39 billion ($3.94 billion) or THB 11.70…
Gulf Edge and Google Cloud collaborate to accelerate Thailand’s AI-powered transformation
Gulf Edge Company Limited, the digital infrastructure arm of Gulf Group, and Google Cloud announced Thursday their artificial intelligence (AI)-first collaboration.
Thunes partners UnionPay International to offer instant money transfers to China’s mainland
Thunes, the Singapore-based payment, announced Thursday the launch of faster, more reliable, and more transparent payments into China’s mainland following a deepened collaboration with UnionPay International (UPI).
Bridgenet Solutions collaborates with Eaton to support Malaysia’s growing data center infrastructure demand
Malaysia-based technology firm Bridgenet Solutions Sdn Bhd has entered into a strategic collaboration with Eaton Industries Sdn Bhd, a power management firm, as the company expands its capabilities in the data center segment to support Malaysia’s rapidly growing demand for resilient and high-performance digital infrastructure.
Singapore’s Toku raises $12.65M in SGX Catalist IPO
Toku Ltd., a Singapore-incorporated artificial intelligence (AI)-powered customer experience (CX) platform, announced Wednesday the successful close of its initial public offering, raising S$16.25 million ($12.65 million) at S$0.25 per invitation share.
AWS and Exabytes launch $1.1M cloud skills initiative to train Malaysians for high-demand tech jobs
Amazon Web Services (AWS) has entered into a MYR 4.3 million ($1.06 million) Social Impact Agreement with Exabytes to equip hundreds of Malaysians, particularly those from B40 and M40 communities (lower and middle-income households), with cloud computing and artificial intelligence (AI) skills to meet the country's fast-growing digital workforce demand.
Malaysian organizations struggle to translate AI experimentation into measurable financial impact – PwC
PwC's survey showed a widening artificial intelligence (AI) maturity divide as many Malaysian organizations struggle to translate experimentation into measurable financial impact.
