News

Tencent Cloud, AI Singapore launch industry AI hackathon with DBS, Keppel and others

Tencent Cloud and AI Singapore have launched a Singapore hackathon with DBS, Keppel, Aspire, Ryde and NTU LKCMedicine providing real-world agentic AI challenges.

AirAsia’s Fernandes refutes report that AirAsia needs government bailout – report

The media briefing came two days after Reuters reported, quoting sources, that Malaysia's government had asked Malaysia Airlines and Batik Air whether they could absorb AirAsia's domestic market share.

Anthropic to open first Southeast Asia office in Singapore in October

Anthropic will open a Singapore office in October, its first in Southeast Asia and fifth in APAC, with local hiring planned across several functions.

China’s AI build-out will first enrich a handful of cities – S&P

China’s push to develop artificial intelligence (AI) is expected to benefit regions best equipped to support AI infrastructure and related services, while other parts of the country may have to wait for wider economic spillovers, S&P Global Ratings said on Thursday.

Alphabet’s Waymo to launch robotaxis in Singapore by 2028

Alphabet's self-driving unit Waymo will launch a fully autonomous, all-electric ride-hailing service in Singapore by 2028, its first market in Southeast Asia.

Nexperia and Tata Electronics deepen India’s semiconductor manufacturing push

Nexperia and Tata Electronics have formed a broad semiconductor partnership covering wafer fabrication, assembly, testing, technology development and supply resilience in India.

Huawei unveils million-processor architecture as it accelerates AI chip roadmap

Huawei has unveiled its Peerium architecture for linking up to one million processors while accelerating its next-generation Ascend AI chip roadmap.

Applied Materials commits $5B to expand India semiconductor footprint

Applied Materials plans to invest $5 billion in India over the next decade, expanding research, suppliers and workforce as the country builds its chip ecosystem.

France’s Schneider Electric to invest $20M to upgrade distribution hub in Singapore

France's energy giant Schneider Electric will invest S$25 million ($19.6 million) in upgrading it smart automation and digital capabilities at its Hub Asia Distribution Center in Tuas, Singapore.

Italy’s export-credit agency guarantees $200M loan for Vietnam’s EV maker VinFast

Italy's export-credit agency SACE has guaranteed a $200 million loan for VinFast's Vietnamese unit, in order to expand Italian exports to Vietnam as the electric-vehicle (EV) maker seeks capital.