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Y-combinator-backed fintech startup Elevate secures $5M to expand operations
Elevate, a Y-combinator-backed fintech startup headquartered in London and Dubai, has successfully raised $5 million in financing to expand its operations in the Philippines.
TikTok’s parent ByteDance planning $2.1B investment to make Malaysia regional AI hub, minister says
The plan also aims to turn Malaysia into a regional AI hub.
[BEYOND Expo 2024] Global Investment Summit explores future of investment with David Beckham’s special session
This event drew global investment leaders to Macao to delve into key themes reshaping the future of investment amidst today’s complex financial landscape. The summit highlighted the significant influence of investment and innovation on the future, positioning itself as a pivotal platform for groundbreaking discussions and collaborations.
The Sandbox raises $20M funding at $1B valuation cap
The Sandbox, a user-generated content (UGC) metaverse platform of Hong Kong-based Animoca Brands, announced Thursday that it has raised $20 million of convertible promissory notes with a $1 billion valuation cap.
Temasek led $208M equity investment in German radiopharmaceutical biotech firm ITM
Singapore state-owned investor Temasek has led EUR 188 million ($208 million) equity investment in German radiopharmaceutical biotech firm ITM Isotope Technologies Munich SE (ITM).
Tanco, CCCC Dredging (Group) join hands to develop Malaysia’s first smart AI container port
Malaysian property developer Tanco Holdings Berhad has partnered with Chinese infrastructure group China Communications Construction Company Limited (CCCC) to develop Malaysia’s first smart artificial intelligence (AI) container port.
Report : Malaysian knowledge workers use AI more than their global counterparts
Malaysian knowledge workers use artificial intelligence (AI) more than their global counterparts, a report said Thursday. Microsoft Corp and LinkedIn said in their 2024 Work Trend Index, a joint report on the state of AI at work, that 84 percent of knowledge workers in Malaysia (versus 75 percent globally) now use AI at work.
Foxconn to build advanced computing center in Taiwan based on NVIDIA Blackwell platform
Taiwan-based Hon Hai Technology Group (Foxconn) has Tuesday announced that it plans to build an advanced computing center in Kaohsiung, Taiwan, with the NVIDIA Blackwell platform at its core.
Tether invests $18.75M in Taiwanese blockchain-enabled financial institution XREX Group
Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial institution.
Indian-founded Testsigma raises $8.2M led by MassMutual Ventures
Indian-founded artificial intelligence AI-powered, low-code test automation platform Testsigma announced Wednesday that it has raised $8.2 million in funding led by MassMutual Ventures.
