News
Taiwan’s Powertech invests $400M in Singapore AI chip packaging venture, AMD as first client for 2027 shipment
Taiwan’s semiconductor firm Powertech Technology will invest $400 million to secure a 30 percent equity stake in a joint venture with US semiconductor company Broadcom.
Vietnam fines Grab $50,000 for consumer protection violations
The National Competition Commission, under Vietnam's Ministry of Industry and Trade, has issued an administrative penalty of VND1.36 billion ($51,700) against Grab Vietnam, under Singapore-based superapp Grab, for violations of consumer protection law.
Malaysia’s AME Elite to build Hyatech’s aerospace and medical device facility in i-TechValley
Malaysia-based integrated industrial space solutions provider AME Elite Consortium Berhad, via its subsidiary Pentagon Land Sdn Bhd, will build a manufacturing facility for HYA Industry (Malaysia) Sdn Bhd, the Malaysian unit of Shanghai-listed Wuxi Hyatech Co., Ltd (Hyatech).
MRCB, TECO team up to develop AI-ready Modular Data Centers in Malaysia
Malaysian Resources Corporation Berhad (MRCB) and Taiwan-based TECO Electric & Machinery Co., Ltd. (TECO) have on Monday signed a memorandum of understanding (MOU) to establish a strategic partnership for the development, deployment and operational validation of next-generation artificial intelligence (AI)-ready Modular Data Centers (MDC), designed to…
Malaysia ranks third globally for AI adoption in finance at 85%, but 58% still want human oversight: HSBC
As many as 85 percent of affluent and high-net-worth investors in Malaysia use AI tools for finance and investment, ranking the country third among ten markets surveyed, according to HSBC.
China’s Alibaba releases Wan3.0 AI video model in public beta with 30s clips, multimodal inputs
China's technology giant Alibaba has launched a public beta of Wan3.0, an AI video generation model supporting clips of up to 30 seconds and multimodal inputs including text, image, video, audio, web pages, PDFs, and PowerPoint presentations.
Fintech solution Bettr, under Singapore’s Ant International, launches Shariah-compliant Umrah financing with Muslim Pro in Malaysia
Bettr, the embedded finance platform under Singapore's Ant International, has partnered with Muslim Pro, an Islamic lifestyle app with more than 190 million downloads across more than 190 markets, to launch an Umrah financing solution in Malaysia for eligible Muslim users planning the pilgrimage.
Malaysia to host AI upskilling event, launch Rakyat Digital portal on August 11-12
Malaysia's Ministry of Digital and MyDIGITAL Corporation will co-host the AI Malaysia Takeover 2026 (AIMTO_26), a two-day event in Kuala Lumpur on August 11-12, to push Malaysia's AI readiness and digital adoption.
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 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.
