Asia

Hong Kong-listed IBS has agreed to acquire QuantumCompute Solutions for HK$563 million in a conditional move into AI chip design and edge computing.

OMRON Healthcare has started full-scale production at its first India factory near Chennai, targeting a tenfold capacity increase by 2028.

TPG has closed its debut Asia lower-middle-market growth fund with $1.3 billion, exceeding the target for the new regional strategy.

Binance, one of the world's largest cryptocurrency exchanges, is investigating a security incident that it estimates has an overall impact of about $6.3 billion, and will cover all losses.

Check Point and Singapore's ITE plan to provide cybersecurity training resources and virtual labs to more than 500 students annually.

GMO Internet is investigating an intrusion into Onamae.com Desktop Cloud that potentially affected 26,739 servers and exposed customer information.

Singapore will invest S$150 million in MARVEL-AI, an A*STAR-led platform combining artificial intelligence with automated laboratories for materials discovery.

Ant Group has begun rolling out LingGuang 2.0 in China with cross-session memory, long-running task management and connected-service controls.

Meta has launched its Muse personal AI agent in Singapore with connectors for shopping, travel, delivery, email, calendars and Instagram.

GSMA says $1.2 million from NOAA will support cell-broadcast emergency alert systems in nine Pacific Island countries.