News

Synopsys joins NUS tropical data-center testbed for AI cooling research

Synopsys has joined an NUS-led Singapore testbed to study liquid cooling, engineering simulations and digital twins for AI data centers.

HKT opens AI Exchange linking Hong Kong data centers

HKT has opened an AI Exchange at the Hong Kong-Shenzhen Innovation and Technology Park to link AI users with computing capacity across Hong Kong data centers.

GoTo posts third consecutive quarterly profit as fintech growth offsets commission cap

GoTo Group recorded a third consecutive quarterly net profit as its fintech business expanded rapidly, offsetting pressure from Indonesia's ride-hailing commission cap.

Hong Kong fintech PhotonPay raises $40M Series C led by Blockchain Capital

Hong Kong fintech PhotonPay has raised $40 million in a Series C led by Blockchain Capital to expand stablecoin, payment and card infrastructure.

Korea’s Samsung to manufacture substrates in Vietnam to serve AI servers, large data centers

Samsung Electro-Mechanics Vietnam (SEMV), under South Korea's Samsung Electro-Mechanics (SEM), will expand activities in Vietnam by manufacturing Ultra Large Flip Chip Ball Grid Array (UL FCBGA) to serve AI servers and large data centers.

France aerospace Safran to set up first international AI subsidiary in Singapore

Safran.AI, the AI unit of French aerospace group Safran, will set up Safran.AI Singapore, its first international subsidiary in Singapore, the firm said in a statement on Thursday.

Sentosa to pilot on-demand autonomous vehicle service in 2027

Sentosa Development Corporation (SDC) and TADA Mobility (Singapore) Pte Ltd will launch a pilot on-demand shared autonomous vehicle (AV) service on Sentosa in early 2027, offering visitors more convenient connections to the island’s beaches, hotels and attractions.

Tencent, Visa to jointly explore cross-border payments, AI agent commerce

China's Internet technology giant Tencent and American multinational payment company Visa have signed a memorandum of understanding to explore broader collaboration on payments and commerce across Tencent’s ecosystem.

Breakthrough Energy, Temasek, Enterprise Singapore renew Southeast Asia Fellows Hub for three years

Breakthrough Energy, the climate organization founded by Bill Gates, Temasek and Enterprise Singapore (EnterpriseSG) have extended their support for Breakthrough Energy Fellows – Southeast Asia (BE Fellows – SEA) for another three years, to support three new cohorts of climate tech innovators, the parties said in a statement on Wednesday.

Over eight in ten businesses starting to adopt tokenized money to aid liquidity management, improve payments, support business expansion – DBS survey

Tokenized money is increasingly becoming a mainstream tool for large corporations to move value instantly round-the-clock, with greater control across a wider network of markets, a survey showed on Wednesday.