Asia

Ping An Digital Bank has launched receivables-backed financing of up to $5 million for eligible cross-border e-commerce merchants.

Tencent has open-sourced Hy4 preview, a 770-billion-parameter model with 49 billion active parameters and a one-million-token context window.

Ngee Ann Polytechnic has launched SH1F+, a workforce transformation center working with EY on job redesign, capability building and workplace learning.

XTransfer has secured in-principle approval for a UAE retail payment services license, subject to completing the central bank's pre-issuance conditions.

Hitachi Vantara said Asia-Pacific revenue rose 32 percent in its first fiscal quarter, led by a 61 percent increase in regional storage revenue.

TDCX has opened its sixth China center in Foshan with about 100 positions and AI-assisted customer experience services for Greater Bay Area clients.

The X-DIGITAL@THAILAND showcase underscored that Korea’s technology story is no longer confined to its domestic market. For these startups, the opportunity lies in translating that innovation into solutions that can work — and scale — across the region.

The Asia-Pacific Data Center Association (APDCA) has launched a new white paper titled Data centers as catalysts for infrastructure modernization in APAC, highlighting how data centers are helping to strengthen the energy and water systems needed to support Asia-Pacific’s future development.

Medtronic plans an approximately $700 million investment in Hong Kong-based Cornerstone Robotics and will gain distribution rights for its Sentire surgical system in select approved markets.

Yubico has added Singapore and nine other markets to the availability of its OpenAI-branded YubiKey bundle as OpenAI strengthens account security.