News

Swiss fintech firm additiv expands APAC operations with new Indonesia office

Additiv, a Switzerland-based digital solutions and platforms for the financial services industry, has on Monday announced the opening of its new office in Jakarta, Indonesia, marking the expansion of its Asia Pacific operations.

Singapore’s fileAI raises $14M in Series A funding led by Illuminate Financial, Antler Elevate, Insignia, Heinemann and others

FileAI, a Singapore-based enterprise artificial intelligence (AI) startup, has on Monday announced it has raised $14 million Series A funding.

Malaysia government to study impact of DeepSeek AI platform on Malaysia – report

Gobind said the government is giving serious consideration to DeepSeek and its model, before it can be adapted for local use to keep pace with the rapid development of the AI landscape.

Singapore’s 129Knots launches with $10M investment led by Sing Fuels

Singapore-based fintech venture 129Knots has launched with a $10 million investment led by Sing Fuels.

SoftBank partners Quantinuum for practical application of quantum computing

Japan-based internet services company SoftBank Corp. and global quantum computing firm Quantinuum announced Wednesday that they have agreed to a wide-ranging partnership in quantum computing.

Thailand BOI approves TikTok’s $3.77B data hosting project

The Thailand Board of Investment (BOI) has on Wednesday approved a 126.8 billion baht ($3.77 billion) data hosting project by leading global video content platform TikTok, and a 3.25 billion baht ($96.61 million) cloud services project by Thailand-based cloud services firm focusing on artificial intelligence (AI) applications Siam AI.

SoftBank backs Helion $425M Series F investment to scale commercialized fusion power

Helion, a fusion energy company, has on Tuesday announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s groundbreaking fusion technology.

Tracxn : Vietnamese tech startups funding down 38 percent on year to $130M in 2024

Vietnamese tech startups raised $120 million in funding in 2024, representing a 38 percent decline from the $196 million secured in 2023 and a sharp 77 percent drop compared to the $518 million raised in 2022, Tracxn said Tuesday.

Axiata inks deals with Sinar Mas to advance digital solutions in Southeast Asia

Malaysian telecommunication firm Axiata Group Berhad has inked deals with Indonesian conglomerate Sinar Mas to advance strategic collaboration in digital solutions in the Malaysian and Indonesia.

NTT DATA launches Smart AI AgentTM and eyes $2B opportunity by 2027

NTT DATA, a Japan-based digital business and information technology (IT) services provider, has on Tuesday announced the international launch of its next-generation Smart AI AgentTM.