On location

Amazon Web Services (AWS) has entered into a MYR 4.3 million ($1.06 million) Social Impact Agreement with Exabytes to equip hundreds of Malaysians, particularly those from B40 and M40 communities (lower and middle-income households), with cloud computing and artificial intelligence (AI) skills to meet the country's fast-growing digital workforce demand.

Founders from Saudi Arabia and beyond bring solutions in AI, food tech, and edtech to regional and international markets.

PwC's survey showed a widening artificial intelligence (AI) maturity divide as many Malaysian organizations struggle to translate experimentation into measurable financial impact.

Everstone Capital, the Singapore-headquartered private equity arm of the Everstone Group, announced Tuesday that VWO and AB Tasty, two firms in the optimization space, have entered into an agreement to combine.

Australian fund Aware Super announced Tuesday a $300 million investment into the Skyline JV data center business, which indirectly owns Vantage Data Centers APAC (Vantage APAC), a global provider of hyperscale data centers with more than ten high-quality assets across Australia, Japan, Taiwan, Malaysia and Hong Kong.

Airwallex, a global financial platform, has acquired Paynuri Co. Ltd., an entity holding Payment Gateway and Prepaid Electronic Payment Instrument licenses as well as a Foreign Exchange Business registration, in South Korea.

Singapore has partnered with Shenzhen to trial the first cross-border data validation platform linking China and Singapore, marking a significant advancement in future digital infrastructure cooperation between the Greater Bay Area and ASEAN nations.

Malaysia's sovereign wealth fund Khazanah Nasional Bhd plans to channel more capital into strengthening the power system and supporting local semiconductor companies

“We will explore establishing a national-level merger and acquisition fund,” Wang Changlin, vice chairman of the National Development and Reform Commission (NDRC), said at a press conference on Tuesday.

Juniper Group, an operating group of Vela Software and Constellation Software, Inc., announced Tuesday the acquisition of Tagit Singapore Pte Ltd., a global digital banking solution provider.