Asia

Singapore’s Mandala Capital exits Indian laboratory testing firm EFRAC

Singapore-based private equity firm Mandala Capital has kicked off this year with a full exit from its investment in Edward Food Research and Analysis Centre (EFRAC), an Indian laboratory testing firm.

LG AI Research taps Google Cloud to develop EXAONE 3.0 and ChatEXAONE AI agent

South Korea-based LG AI Research has on Wednesday announced an expanded collaboration with Google Cloud to help develop LG’s latest family of EXAONE 3.0 generative AI models, and its enterprise multimodal artificial intelligence (AI) agent, ChatEXAONE, trained and developed on Google Cloud's AI-optimized infrastructure.

DeCurret DCP partners Internet Initiative Japan for digital assetization of environmental value, launch of digital currency settlement transactions

Japanese digital currencies platform DeCurret DCP Inc. has partnered internet service provide Internet Initiative Japan Inc. (IIJ) for digital assetization of environmental value and launch of digital currency DCJPY settlement transactions.

S&P: Asia Pacific decarbonization path beyond 2030 is highly uncertain

S&P Global Ratings believes the decarbonization path for Asia Pacific firms beyond 2030 is highly uncertain, and will be shaped by emerging regulations and new technologies.

Foxconn Industrial Internet, Vizzio Technologies, Ingrasys team up for AI server WEF Lighthouse Factory

Vizzio Technologies, a Singapore-based technology company, Foxconn Industrial Internet (FII), a subsidiary of the global technology leader Foxconn, and INGRASYS, an artificial intelligence (AI)-focused subsidiary of Foxconn, have teamed up for smart manufacturing.

Singtel, Hitachi expand collaboration to next-generation data centers and GPU cloud

Singaporean telecommunications conglomerate Singtel and Japanese multinational conglomerate Hitachi, Ltd. have expanded collaboration to next-generation data centers and graphics processing unit (GPU) cloud to accelerate enterprise digital transformation by artificial intelligence (AI) adoption.

S&P: tech crackdown could boost tech expenses for South and Southeast Asia banks

Technology expenses for banks in South and Southeast Asia could continue to increase at 15 percent to 20 percent a year over the next two to three years following a recent tech crackdown, S&P Global Ratings said Monday.

Farquhar VC invests in South Korean EdTech AI startup Catius

Singapore venture capital fund Farquhar VC (FVC) has announced its investment into South Korean EdTech artificial intelligence (AI) startup Catius Inc, whose lead investors of the pre-A round includes Smilegate Investments and STIC Ventures.

Animoca Brands’ subsidiary GAMEE receives investment from Pantera Capital

GAMEE, the mobile gaming platform behind the viral game WatBird and subsidiary of Animoca Brands, has on Wednesday announced it has received an investment from Pantera Capital (Pantera).

RateHawk expands into Asia, localizing its B2B platform for Vietnamese, Japanese markets

RateHawk, a Dubai-based online business to business (B2B) booking platform for travellers, has on Wednesday launched a fully localized version for its target markets in Asia – Vietnam and Japan.