Asia

MRCB, TECO team up to develop AI-ready Modular Data Centers in Malaysia

Malaysian Resources Corporation Berhad (MRCB) and Taiwan-based TECO Electric & Machinery Co., Ltd. (TECO) have on Monday signed a memorandum of understanding (MOU) to establish a strategic partnership for the development, deployment and operational validation of next-generation artificial intelligence (AI)-ready Modular Data Centers (MDC), designed to…

Australia’s Firmus raises $2B from Blackstone, Coatue, NVIDIA, to expand AI factories in APAC

Australia's Firmus Grid has received full commitments for a $2 billion strategic equity investment round, bringing its total new equity raised over the past year to more than $3 billion and its post-money valuation above $10.5 billion.

Japan Investment Corporation commits $12.7M to VC fund Red No. 1 Healthcare

Japan Investment Corporation (JIC) will invest JPY2 billion ($12.7 million) in Red No. 1 Healthcare Investment Limited Partnership, which focuses on biotech, medical devices, and healthcare services startups.

Mobile technologies and services to contribute $1.4T to Asia Pacific economy by 2030 – GSMA

Mobile technologies and services are projected to contribute $1.4 trillion to the Asia Pacific economy by 2030, a 40 percent increase from the US$1 trillion generated today, according to the GSMA’s new Mobile Economy Asia Pacific 2026 report revealed on Thursday.

AI can help portfolio managers work at “superhuman” level, says LinqAlpha founder [Q&A]

TNGlobal spoke with Jin Kim, Co-founder and Head of Forward Deployed Engineering at LinqAlpha, about how AI is reshaping institutional investing, the company's regional strategy, and what an "army of AI agents" means for the analysts who use them.

Honda’s EV losses to approach $12.5B across fiscal years 2026-2027

Japan's Honda Motor is set to book ¥1.97 trillion ($12.5 billion) in EV-strategy losses across fiscal years 2026 and 2027, equal to roughly three years of operating profit and more than a full year of total R&D spending.

Macnica acquires major stake in digital and enterprise software consultancy Orangeleaf Consulting

Japanese technology firm Macnica, Inc has acquired a major stake in Orangeleaf Consulting Holdings Co. (OLC), a Singapore-registered, Malaysian-founded digital transformation and enterprise software consultancy with operations across Malaysia, Japan and Singapore.

China’s Tencent makes AI model Hy3 available globally through WorkBuddy, cloud, developer platforms

Tencent Hy3 (formerly known as Tencent Hunyuan), the latest large language model developed by China's Tencent, is now available for international access, following the model's official release on July 6.

TNGlobal acquires Jumpstart Media, strengthening Hong Kong’s bridge to Asia’s innovation ecosystem

By combining Jumpstart's deep roots in Hong Kong with TNGlobal and TechNode's extensive network across Greater China, Southeast Asia, Japan, South Korea, and global innovation hubs, the combined organization will strengthen Hong Kong's role as a gateway connecting Asia's technology ecosystem with the world.

Japan’s workforce platform X Mile raises $20M Series C to expand vertical AI for non-desk workers

Tokyo-based workforce platform X Mile has raised JPY 3.17 billion ($20 million) in a Series C round led by Vertex Growth, the growth-stage platform of the Vertex global venture capital network, bringing the company's total funding to JPY6.96 billion.