News
OKX Ventures invests $1M in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures, the investment arm of global crypto exchange and innovative Web3 company OKX, has announced a $1 million investment in Moonbox, an artificial intelligence (AI) technology and Web3-focused start-up based in Hong Kong.
Gentari partners BMW Group Malaysia for green mobility and renewable energy
Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has partnered automaker BMW Malaysia (BMW) to explore the implementation of green mobility services and solutions, as well as renewable energy deployment.
HashKey becomes the first licensed exchange for retails users in Hong Kong
HashKey Exchange, a Hong Kong Securities and Futures Commission (SFC) licensed virtual asset exchange, has officially announced the upgrade of Type 1 and Type 7 licenses, marking the first licensed trading platform in Hong Kong to offer retail services.
BSN collaborates with VISA to spur e-commerce among micro-SMEs in Malaysia
Malaysian lender Bank Simpanan Nasional (BSN) has announced its strategic partnership with American multinational financial services corporation Visa to kick-start a collaboration focusing on enabling e-Commerce for micro, small-and-medium enterprises (MSMEs).
Superbank partners Amartha to offer working capital loan to women micro-entrepreneurs in Indonesia
Indonesian lender PT Super Bank Indonesia (Superbank) has partnered microfinance technology platform PT Amartha Mikro Fintek (Amartha) to offer working capital loans to women micro-entrepreneurs in Indonesia.
Germany’s Infineon invests up to $5.46B to build largest 200-millimeter SiC Power Fab in Malaysia
Germany's semiconductor manufacturer Infineon Technologies AG will build the world’s largest 200-millimeter SiC (silicon carbide) Power Fab in Kulim, Malaysia. Over the next five years, the firm will additionally invest up to EURO 5 billion ($5.46 billion) in Kulim during a second construction phase for Module Three.
Alibaba Cloud open sources Tongyi Qianwen with 7 billion parameter model
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has announced its latest contribution to the open-source community by open-sourcing its 7-billion-parameter Large Language Models (LLM), Qwen-7B and Qwen-7B-Chat, through its artificial intelligence (AI) model community ModelScope, and the collaborative AI platform Hugging…
Canada’s Tenstorrent raises $100M strategic up-round co-led by Hyundai, Samsung
Canadian chip startup Tenstorrent has announced that it has closed a $100 million strategic financing up-round led by Hyundai Motor Group and Samsung Catalyst Fund. The round also saw participation from Fidelity Ventures, Eclipse Ventures, Epiq Capital, Maverick Capital, and more.
Temasek to invest $145M in Indian Mahindra & Mahindra EV unit
Singaporean state investor Temasek will invest INR 1,200 crore ($145.02 million) into Indian automaker Mahindra & Mahindra Ltd's electric vehicle (EV) unit for up to 3 percent stake.
Soft Space, Hong Leong Bank and JCB expand JCB card acceptance in Malaysia
Malaysia-based fintech-as-a-service provider Soft Space, Japan-based international payment brand JCB's international operations subsidiary JCB International (JCBI), and Malaysian lender Hong Leong Bank (HLB) have joined forces to actively drive JCB Card acceptance in Malaysia, bolstered by strong post pandemic economy recovery prospects.
