News

Hitachi Vantara reports 32 percent APAC revenue growth

Hitachi Vantara said Asia-Pacific revenue rose 32 percent in its first fiscal quarter, led by a 61 percent increase in regional storage revenue.

Pencil Finance completes $1M on-chain student loan cycle

Pencil Finance says its first $1 million student loan bundle completed an on-chain cycle, with principal and yield returned to funders.

Paydibs launches sales-linked financing for Malaysian merchants

Paydibs has launched a six-month merchant financing service in Malaysia with repayments linked to weekly payment settlements and transaction activity.

Nvidia agrees to acquire Hugging Face for $12.93B

Nvidia has agreed to acquire Hugging Face for $12.93 billion, extending its reach into the global ecosystem for open AI models, datasets and developer tools.

TDCX opens AI-enabled Foshan campus for Greater Bay Area clients

TDCX has opened its sixth China center in Foshan with about 100 positions and AI-assisted customer experience services for Greater Bay Area clients.

OpenAI releases GPT-6 Astra with critical cyber capabilities

OpenAI has released GPT-6 Astra, its first broadly deployed model rated Critical for cybersecurity capability, alongside a $1 billion defense initiative.

KKR to buy minority stake in Malaysia’s Avisena Healthcare, to expand flagship hospitals

The United States-based investment firm KKR has agreed to buy a minority stake in Malaysia's Avisena Healthcare, a private hospital operator.

SEA’s blockchain technology sector raises $6.2B in all-time equity funding across 1,323 firms – Tracxn

Southeast Asia’s blockchain technology sector has raised $6.2 billion in all-time equity funding across 1,323 funded companies year to date, including $680 million in 2026 year to date, Tracxn said on Thursday.

Data centers can catalyze infrastructure upgrades: APDCA

The Asia-Pacific Data Center Association (APDCA) has launched a new white paper titled Data centers as catalysts for infrastructure modernization in APAC, highlighting how data centers are helping to strengthen the energy and water systems needed to support Asia-Pacific’s future development.

Vietnam seeks developers for home-grown fleet of 40 autonomous street sweepers

Vietnam is calling for development of a home-grown fleet of 40 self-driving robots to sweep its city streets, the first project put out for tender by the national science fund Nafosted under a program to build strategic technologies.