News

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.

Indonesia risks missing AI boom without shift into tech manufacturing – AMRO

Indonesia has the scale and resources to become a major beneficiary of the artificial intelligence (AI) boom, but needs an urgent policy shift towards technology manufacturing, infrastructure and domestic supply chains to capture more of the value generated by the industry, the ASEAN+3 Macroeconomic Research Office (AMRO) said on Thursday.

Japan’s NETSTARS, Singapore’s imToken to jointly explore stablecoin payments at Japanese stores

Japan's cashless payment platform NETSTARS and Singapore-based imToken, a Web3 wallet provider, will explore collaboration toward the real-world adoption of stablecoin payments.

Medtronic to invest about $700M in Hong Kong surgical robotics company Cornerstone

Medtronic plans an approximately $700 million investment in Hong Kong-based Cornerstone Robotics and will gain distribution rights for its Sentire surgical system in select approved markets.