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The news report came after Open AI announced that it will bring back Altman and appoint new board members, after nearly all of its employees threatened to leave the AI startup over his surprise ouster earlier.

AkaBot, a Vietnam-based robotic process automation (RPA) solutions provider, has officially introduced the strategy to extend its services and solutions in the Malaysia market. The firm will offer Malaysian businesses in finance, banking, retail, and manufacturing a range of holistic solutions for automation and digitization, enhancing overall productivity…

Climate Alpha, a Singapore-based artificial intelligence (AI)-driven analytics platform for the real estate, asset management and insurance industries, has closed a $5 million seed round led by Jungle Ventures.

Global private market exchange ADDX has listed a deep-value equity fund, managed by Aggregate Asset Management (AAM), that uses machine learning to optimize investment strategy and returns. The fund targets a compound annual growth rate of 8 percent and is open-ended.

Antler, the Singapore-based early-stage venture capital firm, has invested another $2 million in 15 startups across Singapore and Indonesia. As a global investor, Antler has invested in over 900 startups, making them the most active investor globally and in Southeast Asia.

Indonesia is also among the first countries in Southeast Asia to push back against TikTok. Following the Indonesia restrictions, nearby Malaysia also said it is studying the possibility of regulating TikTok and its e-commerce operations.

Lendela, the Singapore-based digital loan matchmaking platform, announced Thursday its successful $5 million Series A funding round. The oversubscribed round was led by Singapore-based Chocolate Ventures, with participation from Lendela’s seed investor Cocoon Capital.

Carro is also in the midst of securing “triple digit million dollar” financing from banks at around 5 percent annually.

Terratai, an Indonesia-based venture builder dedicated to driving investment into scalable nature-based companies, has announced a new partnership with UBS Optimus Foundation and SwissRe Foundation, backed by an initial funding of over $2 million to launch programs in Indonesia, with the potential to expand to South East Asia in future years.

Binance’s Founder and Chief Executive Officer, Changpeng Zhao, a Canadian national, also pleaded guilty to failing to maintain an effective anti-money laundering (AML) program, in violation of the BSA and has resigned as CEO of Binance.