News

Taiwanese artificial intelligence (AI) firm Crescendo Lab has expanded to Singapore to boost AI-powered conversational commerce Across Southeast Asia.

Singapore Telecommunications (Singtel), in collaboration with Qualcomm Technologies, have on Friday announced the successful completion of a Proof of Concept (POC) of an artificial intelligence (AI)-enabled Home WiFi Gateway that intelligently identifies and prioritizes traffic based on the application type.

Ficus Capital, a Malaysia-based environmental, social, and governance (ESG) Islamic-compliant venture capital firm, announced Tuesday its strategic investment of $430,000 in Morpheus Labs, an artificial intelligence (AI)-powered Web3 implementation platform based in Singapore, as it initiates its Pre-A Funding round.

Digital investments in Malaysia hit a record MYR 163.6 billion ($36.81 billion) in 2024, compared to MYR 46.8 billion ($10.53 billion) in 2023, driven by a stable government and pro-business policies in reinforcing the country’s reputation as a regional tech hub, Malaysia Digital Economy Corporation (MDEC) said Thursday.

Over a hundred tech companies, primarily American, have laid off a minimum of 29,537 employees since January 2025, a report revealed recently.

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas) has forged a partnership with United Kingdom-based chartered professional membership body Energy Institute (EI) for Asia's energy transition.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has unveiled its latest artificial intelligence (AI) models, solutions, upgraded infrastructure offerings in Malaysia to advance the country’s AI agenda.

Kyndryl, the global information technology (IT) infrastructure services provider, has on Thursday announced it entered into an agreement with LifeTech Group, a Malaysia-based managed cybersecurity services provider, to establish the first in-country security operations center (SOC) on public cloud in Malaysia.

Techcoop, a Vietnam-based integrated agritech platform, has successfully closed a $70 million Series A funding round, comprising equity and debt financing.

Transcelestial, a Singapore-based technology firm, has launched Singapore’s first inter-satellite laser communications mission, supported by the country’s national space office Singapore Office for Space Technology and Industry (OSTIn) and satellite downstream services provider ST Engineering Satellite Systems.