News
Temasek leads UK AI firm PhysicsX $300M Series C funding
PhysicsX, the physics artificial intelligence (AI) company for industrials, has on Monday announced an oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion.
Singapore’s Silicon Box secures $78M financing to accelerate growth in advanced packaging
Silicon Box, a Singapore-based advanced semiconductor panel-level packaging and chiplet integration firm, has on Monday announced that it has secured S$100 million ($77.65 million) in debt financing from leading institutional investors – funds managed by Ares Management Corporation (Ares), InnoVen Capital, January Capital Growth Credit (January Capital),…
Sea stands out as AI transforms ASEAN digital economy – Maybank
Artificial intelligence (AI) is reshaping how value is created across Southeast Asia's internet sector, shifting the focus from cost savings to platform capabilities such as fulfilment, payments and consumer trust, with Sea Ltd seen as one of the key beneficiaries of the trend, Maybank Investment Bank said Monday.
Singtel Group partners Digital Industry Singapore to accelerate AI transformation
The Singtel Group has announced a strategic partnership with Digital Industry Singapore (DISG) to accelerate a multi-year AI transformation program across its businesses and strengthen its capabilities in artificial intelligence (AI)-enabled operations, digital infrastructure, customer platforms and workforce development.
DBS enables remittances to Weixin Pay wallets in China via digibank
Singapore's DBS Bank has enabled customers in Singapore to transfer funds directly to Weixin Pay digital RMB wallets in China through its DBS Remit service, expanding cross-border payment options amid growing travel and financial flows between the two countries.
Trransfer Technologies, LINE GO partner to expand enterprise ground transportation across Taiwan, global markets
Trransfer Technologies, a Singapore-based business to business (B2B) ground transportation platform, has on Monday announced the official launch of its strategic partnership with LINE GO, Taiwan's premier mobility as a service (MaaS) ecosystem platform.
Nvdia, Vietnam’s tech giant FPT release open Vietnam AI dataset to advance sovereign AI development
Vietnam's technology giant FPT Corporation and global chipmaker NVIDIA have released the Nemotron-Personas-Vietnam dataset, an open-source synthetic dataset designed to help developers build AI systems
Digital Realty launches Malaysia operations to advance Southeast Asia’s digital connectivity
Digital Realty, the United States-based cloud and carrier-neutral data center platform, announced Monday the establishment of its Malaysia platform, marking a key milestone in its Asia Pacific expansion.
Grab eyes EV charging network, AI support for SMEs in Hanoi
Grab, the Singapore-based superapp, has proposed building an open electric vehicle charging network in Hanoi and deploying AI solutions to support small and medium enterprises (SMEs) and household businesses in the capital city.
Singapore’s DayOne Data centers raises $4.5B in Series C to expand Asia Pacific, Europe
Singapore-based data center developer and operator DayOne Data Centers has completed the final closing of its Series C equity financing at $4.5 billion, in one of the largest fundraises by a data centre company in the region.
