News
Petronas strengthens global collaboration on AI integration ecosystem and high-performance computing to advance Malaysia’s upstream sector
Petroliam Nasional Berhad (Petronas), through Malaysia Petroleum Management (MPM), has signed a series of Memoranda of Understanding (MoUs) at ADIPEC 2025, demonstrating its commitment to global collaboration and technology driven innovation.
Grab invests $60M in German remote driving technology company Vay
Grab Holdings Limited announced Monday that it had signed definitive agreements to invest in Vay Technology GmbH (Vay), a Germany-based provider of automotive-grade remote driving technology, for $60 million in cash.
TenPay Global broadens integration of international wallets to Weixin Pay
TenPay Global, Tencent's cross-border payment platform and one of the designated inaugural foreign institution partners of China's Cross-Border Interconnection Payment Gateway (CPG), is expanding the connection of international wallets and institutions to Weixin Pay through CPG.
Temasek backs US AI chipmaker d-Matrix’s $275M funding
D-Matrix, the United States-based artificial intelligence (AI) chipmaker, has closed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million.
The Librarian raises $2M in seed round led by Golden Gate Ventures
The Librarian, a Seattle-and-Singapore-based artificial intelligence (AI) assistant, has raised $2 million in seed funding led by Golden Gate Ventures.
Singapore’s Bioactivx raises $1.43M in seed round led by Cocoon Capital
Bioactivx (BAX), a Singapore-based biomaterials startup, has closed its $1.43 million seed funding round led by Cocoon Capital, with participation from global strategic investors.
GenAI Fund allocates over $6M to AI startups
The Singapore-based artificial intelligence (AI)-focused venture fund and corporate innovation platform GenAI Fund announced Thursday a $6 million allocation for six AI startups.
NTT Group establishes its first Southeast Asia startup investment vehicle in Singapore
Japan-based NTT DOCOMO Ventures, Inc. and NTT Finance Corporation will jointly establish a new investment vehicle in Singapore, Synexia Ventures Pte. Ltd., aimed at strengthening collaboration with promising startups in Southeast Asia.
Indosat, Nokia, and NVIDIA launch AI-RAN research center to drive mobile AI innovation in Indonesia
Indosat Ooredoo Hutchison (Indosat), Nokia, and NVIDIA, announced Wednesday the opening of a research center in Surabaya, Indonesia, designed to develop artificial intelligence (AI)-powered Radio Access Networks (RAN).
MAS issues guidelines for AI risk management
The Monetary Authority of Singapore (MAS) has on Thursday issued a consultation paper proposing a set of Guidelines on AI Risk Management to guide financial institutions on the responsible use of artificial intelligence (AI) in the financial sector.
