News

Asahi Kasei, Furuya Metal and Circularise test precious-metal passports

Asahi Kasei, Furuya Metal and Circularise will test digital product passports for recycled iridium and ruthenium used in chlor-alkali electrodes.

Vietnam’s Net Zero Challenge 2026 awards $770,000 to climate startups from 4 countries

The Net Zero Challenge 2026 has concluded with $770,000 in catalytic grants and investment prizes for several climate startups to pilot their solutions in Vietnam.

SMIC Q3 profit more than doubles as AI demand lifts revenue

SMIC reported record third-quarter revenue of $3.19 billion and a 123.4 percent rise in shareholder profit as AI-related chip demand supported utilization.

Octopus launches Asia clean energy fund with first Philippine investment

Octopus Energy's new Asia fund targets $600 million and starts with a Philippine developer planning 450 MW of solar and 350 MWh of storage.

Vietnam Int’l Finance Center, Touchstone Partners launch $100M 1:1 co-investment program for startups

The Vietnam International Financial Center in Ho Chi Minh City (VIFC-HCMC), Touchstone Partners, and Ho Chi Minh City Venture Investment Fund JSC (HCM VIF) will collaborate to set up a co-investment program with a combined capacity of up to $100 million.

Luminal raises $25M Series A to cut AI inference costs beyond Nvidia GPUs

Luminal, an AI infrastructure company based in San Francisco, has raised $25 million in Series A funding led by Standard Capital, with all of its seed investors doubling down such as Y Combinator, Felicis, SagaVC, and Liquid 2.

It’s official: NVIDIA CEO Jensen Huang resigns

NVIDIA's Board of Directors announced on Thursday that Jensen Huang has resigned as President, Chief Executive Officer, and a member of the Board, effective immediately.

Megaspeed, Singapore-registered Nvidia cloud customer, cooperating with US export inspections

Megaspeed International, a Singapore-registered cloud partner of Nvidia, takes its US export-control obligations seriously and has cooperated with inspections by the US Commerce Department’s Bureau of Industry and Security.

MDEC partners seven financiers to boost SME financing through NEFX

The Malaysia Digital Economy Corporation (MDEC), an agency under the Ministry of Digital, has on Wednesday exchanged memorandums of understanding (MOUs) with seven financing partners to widen financing opportunities for Malaysian small and medium enterprises (SMEs) through the National E-Invoice Financing Exchange (NEFX).

Malaysia reviewing existing laws to prevent country from being GPU re-export hub – report

Johari's remarks came amid media reports of an alleged affair involving NVIDIA CEO Jensen Huang and a woman accused of helping entities circumvent US export restrictions on high-performance chips to China. Huang reportedly acknowledged the affair, prompting the US chipmaker to launch an internal investigation. The reports have renewed scrutiny of whether…