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ChatGPT Ads expands into Southeast Asia and Taiwan

OpenAI is expanding ChatGPT Ads into Singapore, Indonesia, Malaysia, the Philippines, Thailand, Vietnam and Taiwan as it broadens self-service advertising access in Asia.

Luno, Halogen and Kenanga explore ringgit stablecoin for tokenized fund settlement

Luno Malaysia, Halogen Capital, and Kenanga Investors are exploring the use of a fully reserved ringgit-pegged stablecoin as an on-chain settlement instrument for tokenized money-market funds.

PolyU, Fudan establish AI healthcare lab with Suanova compute support

Hong Kong Polytechnic University and Fudan University have established a joint AI healthcare laboratory, with Suanova providing computing infrastructure and related technical support.

Vietnam approves Amazon’s Kuiper to test satellite-based telecommunications service

Amazon Kuiper Vietnam, the local satellite unit of U.S. technology group Amazon, has received a Vietnamese licence to run a private satellite-based telecommunications network.

Backed by $450M Pentagon deal, US’ Elmet acquires 5% in Vietnam’s tungsten producer MSR

The Elmet Group, the U.S. tungsten producer that secured a $450 million investment from the U.S. Department of War in mid-September, will buy a 4.99 percent stake in Vietnam's Masan High-Tech Materials for $124.75 million, alongside a multi-year supply deal.

A*STAR expands A*StartCentral deep tech hub as supported ventures raise S$1.6B

Singapore’s A*STAR has launched A*StartCentral 2.0 with an 18,000-square-foot footprint, expanded labs and engineering capabilities, and more support for deep tech startups moving from research to commercialization.

Klook, Visa partner across six Southeast Asian markets on travel experiences

Klook and Visa have signed a memorandum covering Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam, combining travel experiences, cardholder offers and creator-led commerce.

Hong Kong’s fintech TROOPS to commit $12M to new Southeast Asia AI-infrastructure unit

TROOPS, a Hong Kong money-lending and property group listed on Nasdaq, will commit $12 million to launch a business unit building AI computing infrastructure in Southeast Asia.

Singapore’s NUS Enterprise rebrands as NUSX, launches AI licensing tool, sets outposts in Munich, Shanghai

NUS Enterprise, the entrepreneurial arm of the National University of Singapore (NUS), has rebranded as NUSX and unveiled an AI tool for commercializing research patents along with new overseas outposts in Munich and Shanghai.

Estha’s Eric Lam on local AI, privacy and SME deployment [Q&A]

Estha Co-Founder & Creator Eric Lam discusses where local AI is practical for SMEs, how on-device inference compares with the cloud, and the security, governance and cost trade-offs.