News

World bank’s IFC seeks $50M investment in Malaysia-headquartered Navis Asia Fund IX

The International Finance Corporation (IFC), under the World Bank, seeks to make an equity commitment of $50 million to Navis Asia Fund IX, L.P., a private equity fund managed by Malaysia-headquartered Navis Capital Partners.

Nvidia NVLink Fusion hardware illustrating the Korea sovereign AI infrastructure collaboration

Nvidia, SK Telecom and Rebellions plan Korean sovereign AI systems

Nvidia, Rebellions and SK Telecom will connect Korean AI chips with Nvidia infrastructure for sovereign AI systems targeted for deployment in 2028.

AutoSwift secures nearly A$10M from X Star Technology

Australian automotive AI company AutoSwift has secured nearly A$10 million from Singapore-based X Star Technology to develop AI WINGMAN and support regional expansion.

Instagram screen explaining age estimation and Teen Account protections

Meta expands AI age estimation for teen accounts worldwide

Meta is expanding AI age estimation worldwide to place more suspected teen users into Instagram Teen Account protections, with Apple age-range signals also in use in Australia.

Greenpeace chart projecting purchased electricity use by TSMC, Micron and UMC through 2030

Greenpeace projects three chipmakers could use 15 percent of Taiwan’s power by 2030

Greenpeace Taiwan estimates TSMC, Micron and UMC could require 49.8 billion kilowatt-hours of grid power in 2030, or 15 percent of Taiwan's projected demand.

Vietnam, Japan sign AI research, patent fast-track deal during top leader visit

Vietnam and Japan have signed a memorandum of understanding on artificial intelligence (AI) research and development and a bilateral agreement to speed up patent examination, during the official visit to Japan by General Secretary-State President To Lam.

SoftBank, Grab commit $1.85B to Malaysian AI infrastructure with PETROS

Japan's SoftBank Group, Singapore-based Grab Holdings, and Malaysia's Petroleum Sarawak Berhad (PETROS) will jointly build AI infrastructure in Malaysia, backed by $1.85 billion in initial combined seed capital.

Thailand’s SiS Distribution takes 80% of Microsoft Tier-2 distributor SIS Technologies Vietnam

SiS Distribution (Thailand) will invest $800,000 in SIS Technologies Vietnam, taking an 80 percent stake and making the Vietnamese company a subsidiary of the Thai company.

Nvidia investigates CEO Jensen Huang over foreign intelligence reports, after he admits affair

NVIDIA's board of directors has started an independent investigation after recent reporting that founder and CEO Jensen Huang was the target of a foreign intelligence effort.

Philippine Startup Week 2026 opens in Quezon City as ASEAN side event

The Philippines' Department of Information and Communications Technology (DICT), Department of Science and Technology (DOST), Department of Trade and Industry (DTI), and Quezon City government through StartupQC, opened Philippine Startup Week 2026 on Monday (November 9).