News

Google Cloud unveils new AI initiatives to unlock economic value for Indonesia

Google Cloud announced Thursday a series of artificial intelligence (AI)-focused initiatives designed to unlock further economic value for Indonesia, in alignment with the government’s Indonesia Emas 2045 vision.

ANGIN announces new investments in Collabit and Arconesia

Indonesian investment platform ANGIN has announced its latest investments in Collabit and Arconesia, two Indonesian startups committed to driving sustainable impact through innovative business models.

Malaysian government clarifies not involved in Skyvast and Huawei powered AI project

The Ministry of Investment, Trade & Industry (MITI) of Malaysia said Wednesday that the launch of a privately driven artificial intelligence (Al) infrastructure initiative involving Skyvast Corporation and Huawei Technologies is not endorsed by government.

Airwallex’s $6.2B valuation soars with $300M Series F backing

Airwallex, the global payments and financial platform, has completed a $300 million Series F funding round at a $6.2 billion valuation.

Alibaba Cloud joins forces with PayNet to power Malaysia’s first fintech-focused hub

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced Wednesday its partnership with Payments Network Malaysia Sdn Bhd (PayNet) as a Cloud Partner for its newly launched PayNet Fintech Hub – Malaysia’s first dedicated fintech-focused community and accelerator.

Indonesia’s Ringkas secures $5.1M funding to advance AI-driven mortgage solutions across Southeast Asia

Ringkas, an Indonesia-based mortgage financing platform, has announced the closing of a Pre-Series A round at $5.1 million.

Indosat Ooredoo Hutchison launches AI Experience Center in Eastern Indonesia

Indosat Ooredoo Hutchison has officially inaugurated its AI Experience Center (AIEC) in Jayapura, Papua Province, as part of its commitment to expanding access to and the benefits of artificial intelligence (AI) technology for communities across Eastern Indonesia.

HashKey partners with Alibaba Cloud to advance Web3 innovation

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has partnered with HashKey Group, a Hong Kong-based digital asset financial services group in Asia, to accelerate Web3 innovation and drive business growth.

Temasek-backed SeaTown invests $89M in healthcare firm AddVita

Temasek-based investment firm SeaTown Holdings International announced Wednesday its investment via SeaTown Private Capital Master Fund (SeaTown PCap Fund) in AddVita, a Singapore headquartered healthcare and life sciences distribution company.

Rabbit Care acquires GluayGluay.com to expand to insurance brokerage market

Rabbit Care, Thailand’s direct-to-consumer insurance comparison platform and a subsidiary of BTS Group, has acquired GluayGluay.com, one of Thailand’s digital motor insurance brokerages, cementing its leadership as the top consolidator in Thailand’s fragmented insurance broker market.