Asia

GlobalFoundries and TSMC sign $2B AI packaging deal

GlobalFoundries will manufacture silicon interposers for TSMC's CoWoS ecosystem under a five-year, $2 billion agreement, with production set to ramp in 2028.

Endeavor Catalyst closes $320M Fund V, names Asia a pipeline priority

Endeavor Catalyst has closed a $320 million Fund V and says Asia will be a priority pipeline region, anchored by its Singapore hub.

Mint’s Axonex signs €3M robotics OEM program with Ireland’s Centridex

Mint's Axonex Robotics has signed a two-year OEM and licensing program with Centridex that carries a potential value of about €3 million.

Representatives from Meta and Singapore disability organizations at an AI glasses accessibility showcase

Meta donates 1,000 AI glasses to Singapore disability organizations

Meta is donating 1,000 Ray-Ban Meta AI glasses to four Singapore organizations and funding accessibility training through SAVH.

Nium to power RedotPay off-ramp expansion

Nium will provide global off-ramp infrastructure to RedotPay, which says it serves more than 9 million stablecoin payment users.

Granite Asia, Google AI fund to co-invest up to $2M per Asian AI startup

Singapore-based Granite Asia, a $11 billion private capital platform, and Google's AI Futures Fund will jointly back AI startups in Asia, co-investing up to $2 million in each alongside access to Google's AI models.

[HK Special Report] Alibaba HK Entrepreneurs Fund sees ‘significant’ opportunities at the intersection of tech, industry & international markets

In a recent interview with TNGlobal, AEF Executive Director and Chief Executive Officer Cindy Chow discussed how the fund's investment strategy has evolved over the past decade, what it looks for in founders and why it believes Hong Kong’s role could extend beyond being a gateway to becoming a launchpad for Asian companies going global.

Half of Asia-Pacific consumers open to stablecoins within 5 years: Visa

Nearly half of consumers in the Asia-Pacific region say they are likely to use stablecoins within five years, according to Consumer 360 study, a survey conducted by payments company Visa.

BTSE Bhutan announces final license for virtual asset trading, custody in Gelephu

BTSE Bhutan has announced its final Financial Services License for virtual asset trading and custody in Gelephu Mindfulness City.

SoundHound AI and Kia logos on a purple background

SoundHound powers Kia Sorento generative AI in India

SoundHound AI has deployed its conversational voice and generative AI technology in Kia's Sorento for India, supporting cabin control and live queries.