News
59 percent of APAC enterprises plan AI spending hikes above 25 percent in 2026, Digital Realty survey finds
Nearly six in ten Asia Pacific respondents expect their organizations to increase AI investment by more than 25 percent in 2026, while infrastructure readiness and integration remain uneven across markets, according to Digital Realty's survey.
India’s PhonePe gets in-principle UAE approval for two payment licenses
India's PhonePe has received in-principle approval from the UAE central bank for two payment licenses, moving it closer to locally regulated operations in its first overseas market.
Security Bank targets Apple Pay and Google Pay rollout in second half of 2027
Philippine lender Security Bank plans to support Apple Pay and Google Pay in the second half of 2027 after completing a core credit-card system upgrade.
US battery startup EnerVenue opens first factory in China’s Changzhou
US battery startup EnerVenue has opened its first manufacturing plant in Changzhou, China, after dropping an earlier plan for a Kentucky factory.
DeepSeek set to brief UN Security Council as AI risks move onto international security agenda
Chinese AI startup DeepSeek is expected to brief the UN Security Council this week as diplomats discuss artificial intelligence and international security.
Pokémon Go spinout Niantic Spatial, Singapore Land Authority to collaborate in positioning system
Niantic Spatial, the U.S. spatial-computing firm spun out of Pokémon Go developer Niantic, and the Singapore Land Authority (SLA) will jointly study the feasibility of building Singapore's first citywide visual positioning system,
Vietnam’s Bonbon Mobility raises $500,000 pre-seed round led by Tasco, GenAI Fund co-investing
Bonbon Mobility, a Vietnamese platform connecting car owners with garages and car-care providers, has raised $500,000 in a pre-seed round led by conglomerate Tasco, with GenAI Fund co-investing.
83 percent of Singapore consumers trust AI to compare loans, Experian-Forrester study finds
An Experian study conducted by Forrester Consulting found 83 percent of Singapore respondents trust AI to compare loans, while 82 percent cite manipulation through fake offers or impersonation as a top concern.
Alibaba targets 20GW global data center capacity by 2032, maps next Qwen and AI chip roadmap
Alibaba says it aims to operate more than 20GW of global data center capacity by 2032 as it expands its full-stack AI roadmap across Qwen models, proprietary processors, cloud infrastructure and agent platforms.
Philippines’ Billease Bank gets rebrand, elects former BSP deputy governor Eduardo Bobier as independent director
Billease Bank has elected former Bangko Sentral ng Pilipinas Deputy Governor Eduardo G. Bobier as an independent director, subject to BSP confirmation, as the lender integrates more banking products into the Billease ecosystem.
