Asia

SoftBank launches $11B bond sale to fund OpenAI investment

SoftBank has launched an $11 billion-equivalent bond sale to finance its next $10 billion OpenAI investment tranche and refinance bridge borrowing.

China’s CXMT eyes NAND flash expansion as AI drives memory shortage

China’s CXMT is preparing an R&D production line for NAND flash memory, broadening beyond DRAM as AI infrastructure contributes to a global memory shortage.

Singapore’s Thunes launches cross-border payouts across six new Middle East markets

Thunes, the Singapore-based payment firm, has announced a major expansion of its Direct Global Network across the Middle East.

Singapore’s dtcpay extends $25M Series A funding round with SBI investment

Dtcpay, a Singapore-based payment, announced Friday the extension of its $25 million Series A funding round with SBI Group as its strategic investor.

JTC and Kajima launch Singapore’s first autonomous heavy construction equipment pilot to ease manpower constraints, improve worksite safety

JTC Corporation, Singapore’s industrial land and infrastructure agency, and Kajima Corporation, Japan’s construction company, have launched the first pilot project to explore the use of autonomous heavy construction equipment in Singapore.

Circle launches Arc mainnet with more than 100 institutional and ecosystem builders

Circle has launched the Arc public mainnet with more than 100 institutional and ecosystem builders, including Standard Chartered, SBI Group and Sumitomo in its validator cohort.

AnyMind launches AnyCreator Stream for live-stream analytics and brand campaigns

AnyMind Group has launched AnyCreator Stream, bringing live-stream analytics, brand campaign discovery and earnings tracking into one creator platform.

Asian markets tighten scrutiny on AI demand as grid strain lifts thermal power’s upside – BMI

Asian markets have tightened scrutiny on artificial intelligence (AI) demand as grid strain lifts thermal power's upside, BMI Country Risk and Industry Research said on Thursday.

Nexperia and Tata Electronics deepen India’s semiconductor manufacturing push

Nexperia and Tata Electronics have formed a broad semiconductor partnership covering wafer fabrication, assembly, testing, technology development and supply resilience in India.

Huawei unveils million-processor architecture as it accelerates AI chip roadmap

Huawei has unveiled its Peerium architecture for linking up to one million processors while accelerating its next-generation Ascend AI chip roadmap.