News
Maybank invests $2.5B over the next five years in technology, data, and AI strategy
Malaysia's largest lender Malayan Banking Berhad (Maybank) will invest MYR 10 billion ($2.5 billion) over the next five years in technology, data, and artificial intelligence (AI) strategy.
Alibaba Cloud accelerates global AI partner ecosystem with new incentives, investments
Alibaba Cloud, the digital technology and intelligence firm of Alibaba Group, announced Friday a major expansion of its global partner ecosystem strategy for 2026, building on the momentum of its Partner Rainforest Plan.
Teleport raises $50M pre-IPO capital at $500M valuation to scale model globally
Malaysia-based logistics firm Teleport has signed a subscription agreement with funds managed by HPS Investment Partners on Thursday for the issuance of redeemable convertible perpetual securities (RCPS) to raise a total consideration of $50 million as pre-initial public offering (IPO) growth capital.
Google Cloud launches new cloud region in Thailand with $1B investment
Google Cloud announced Wednesday the launch of its new cloud region in Thailand with $1 billion investment.
Singapore’s Level3AI raises $13M in seed funding led by Lightspeed
Level3AI, a Singapore-based artificial intelligence (AI)-native company, announced Thursday it has raised $13 million in seed funding led by Lightspeed, with participation from BEENEXT, 500 Global, Sovereign’s Capital, and Goodwater Capital.
Temasek firm backs Upscale AI’s $200M Series A financing
Upscale AI, Inc., a global artificial intelligence (AI) networking infrastructure company, announced Wednesday a $200 million Series A financing led by Tiger Global, Premji Invest, and Temasek-backed Xora Innovation.
Telenor sells its ownership in Thailand’s True Corporation for $3.9B
Norwegian multinational telecommunications company Telenor Group has signed an agreement with Arise Digital Technology Company Limited, a company owned by Khun Suphachai Chearavanont, to sell 24.95 percent of the shares in Thailand's telecom technology firm True Corporation for a total value of approximately NOK 39 billion ($3.94 billion) or THB 11.70…
Gulf Edge and Google Cloud collaborate to accelerate Thailand’s AI-powered transformation
Gulf Edge Company Limited, the digital infrastructure arm of Gulf Group, and Google Cloud announced Thursday their artificial intelligence (AI)-first collaboration.
Thunes partners UnionPay International to offer instant money transfers to China’s mainland
Thunes, the Singapore-based payment, announced Thursday the launch of faster, more reliable, and more transparent payments into China’s mainland following a deepened collaboration with UnionPay International (UPI).
Bridgenet Solutions collaborates with Eaton to support Malaysia’s growing data center infrastructure demand
Malaysia-based technology firm Bridgenet Solutions Sdn Bhd has entered into a strategic collaboration with Eaton Industries Sdn Bhd, a power management firm, as the company expands its capabilities in the data center segment to support Malaysia’s rapidly growing demand for resilient and high-performance digital infrastructure.
