Asia

Singapore-founded AnyMind enters the U.S. market

AnyMind Group, a business-process-as-a-service (BPaaS) company for marketing, e-commerce and digital transformation, has on Thursday announced the launch of operations in the United States of America, and will operate out of Los Angeles, California.

AI-related job ads in Singapore more than triple, Jobstreet study finds

The share of Singapore job ads mentioning AI-related skills rose from 1.3 percent in January 2024 to 5.1 percent in August 2026, according to Jobstreet by SEEK.

Korai Flix agrees to $3.5B SPAC merger with APEX Tech

South Korea's Korai Flix has agreed to merge with APEX Tech Acquisition in a SPAC deal valuing the short-drama platform at $3.5 billion.

PFN and Tenstorrent win NEDO xPU research project

Preferred Networks and Tenstorrent will develop chiplet-based xPU technology in a five-year research project selected by Japan's NEDO.

Taiwan blocks Delivery Hero’s $600M foodpanda food courier sale to Grab

Taiwan's Fair Trade Commission (TFTC) has declined to approve the sale of Germany-based Delivery Hero's food courier business foodpanda in Taiwan to Singapore's super app Grab, blocking a $600 million deal agreed in March.

Tenstorrent raises $1.5B Series E at $6.2B valuation

Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation to expand AI systems, manufacturing and processor licensing.

Expereo’s Eric Wong on digital sovereignty beyond data localization in APAC [Q&A]

Expereo's Eric Wong discusses digital sovereignty, hybrid networks, AI dependencies, localization trade-offs and governance for multinational companies across APAC.

Governance, accountability key to scaling AI-driven autonomous payments – UOB

The future of artificial intelligence (AI)-driven autonomous payments will depend less on advances in artificial intelligence (AI) than on how effectively financial institutions govern the technology, with clear accountability, security controls and interoperability needed to build trust, UOB Global Economics & Markets Research said in a recent report.

AI capex boom remains an important growth driver for APAC 2027 growth – BMI

The artificial intelligence (AI) investment cycle remains the key positive driver of Asia-Pacific growth in 2027, BMI Country Risk and Industry Research said on last Thursday. 

Foxconn unit to buy 50 percent stake in Mitsubishi Electric Mobility for $730 million

Lin Yin International Investment Co Ltd, an investment management subsidiary of Foxconn, will acquire a 50 percent stake in Mitsubishi Electric Mobility Corp for JPY 115 billion ($727 million) as part of a strategic alliance to jointly operate the automotive equipment business.