News

MDEC secures $87.4B digital investments in 2025, driven by AI

The Malaysia Digital Economy Corporation (MDEC) has secured MYR 87.4 billion ($22.35 billion) in approved digital investments in 2025, driven largely by the growth in artificial intelligence (AI), big data, data centers and cloud services.

NCS partners NVIDIA to deploy sovereign agentic AI for enterprises

NCS, the subsidiary of the Singapore-based Singtel Group, has partnered NVIDIA to deploy sovereign agentic artificial intelligence (AI) for enterprises.

Singapore’s Video Rebirth secures $80M funding to build AI engine

Singapore-based Video Rebirth, an AMD-backed artificial intelligence (AI) video startup, has announced the final closing of an $80 million funding round.

Singapore’s financial service platform Atome, Philippines’ restaurant giant Jollibee to jointly expand card acceptance

Atome, a Singapore-headquartered digital financial services platform, has announced a year-long partnership with the Philippines' food & beverage (F&B) giant Jollibee Foods Corporation to enable the use of the former's Atome Card across more than 1,300 Jollibee stores in the Philippines.

China’s Alibaba unveils Wukong AI platform for enterprise workflows

China's Alibaba Group has introduced Wukong, an AI-focused enterprise platform designed to enable multiple AI agents to coordinate and perform complex tasks within a unified interface, supported by enterprise-grade security infrastructure.

Vietnam-based SmartSolar secures $3.15M to expand rooftop solar financing for SMEs

Vietnam-based rooftop solar startup SmartSolar has closed a debt financing round, bringing its total funding to $3.15 million in combined equity and debt, as it expands financing solutions for small and medium-sized enterprises (SMEs)) facing rising electricity costs.

Miro sets up Asia Hub in Singapore to accelerate growth and boost AI collaborations

Miro, the global artificial intelligence (AI) innovation workspace, has announced Asia Hub in Singapore to accelerate growth across the region and bring AI collaborations to new markets.

MyRepublic, Singapore Polytechnic team up to drive applied AI innovation through automation Sandbox

MyRepublic and Singapore Polytechnic (SP) have signed a Memorandum of Understanding (MOU) to establish a strategic collaboration to drive applied artificial intelligence (AI) innovation through the co-development of AI training programs leveraging MyRepublic’s AI automation sandbox environment.

RHB sees global semiconductor recovery, robust AI-related demand to support Malaysia’s tech sector

RHB Investment Bank Research sees Malaysia's technology sector revenue and earnings growth momentum to continue to prevail in FY26, supported by the ongoing global semiconductor recovery and robust artificial intelligence (AI)-related demand.

Malaysia’s unicorn Carsome raises over $30M in a strategic fundraising round

With the support from the HKIC, Carsome will drive initiatives across areas such as supply chain sourcing and technology collaboration, accelerating the application of data and artificial intelligence (AI) in the automotive sector, which further empowers Carsome for its regional expansion.