News
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.
ServiceNow and OpenAI collaborate to deepen and accelerate enterprise AI outcomes
ServiceNow, the artificial intelligence (AI) control tower for business reinvention, and OpenAI announced Wednesday an enhanced strategic collaboration to power agentic AI experiences and accelerate enterprise AI outcomes.
