Asia

Singapore invests S$150M in AI materials accelerator

Singapore will invest S$150 million in MARVEL-AI, an A*STAR-led platform combining artificial intelligence with automated laboratories for materials discovery.

LingGuang 2.0 promotional image showing the AI assistant on a smartphone

Ant Group rolls out LingGuang 2.0 AI agent in China

Ant Group has begun rolling out LingGuang 2.0 in China with cross-session memory, long-running task management and connected-service controls.

Meta Muse character holding a Singapore flag at Marina Bay

Meta launches Muse AI agent in Singapore with local connectors

Meta has launched its Muse personal AI agent in Singapore with connectors for shopping, travel, delivery, email, calendars and Instagram.

GSMA secures $1.2M NOAA funding for Pacific mobile emergency alerts

GSMA says $1.2 million from NOAA will support cell-broadcast emergency alert systems in nine Pacific Island countries.

HKT opens AI Exchange linking Hong Kong data centers

HKT has opened an AI Exchange at the Hong Kong-Shenzhen Innovation and Technology Park to link AI users with computing capacity across Hong Kong data centers.

Hong Kong fintech PhotonPay raises $40M Series C led by Blockchain Capital

Hong Kong fintech PhotonPay has raised $40 million in a Series C led by Blockchain Capital to expand stablecoin, payment and card infrastructure.

Tencent, Visa to jointly explore cross-border payments, AI agent commerce

China's Internet technology giant Tencent and American multinational payment company Visa have signed a memorandum of understanding to explore broader collaboration on payments and commerce across Tencent’s ecosystem.

Achieving inclusion is critical to re-Globalisation & AI will accelerate it by democratizing opportunities, says Ant International CEO

Ant International CEO Peng Yang has called for a new, inclusive "re-globalization" project that harnesses AI and digital connectivity to give small and medium-sized enterprises (SMEs) greater access to global markets and opportunities.

Citi logo on a clean blue-gray background

Citi wins approval for wholly owned China securities firm

Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.

Data centers to strain power supply across four Asian hubs – BMI

Data centers in Johor, Sydney, Melbourne and Batam could absorb most of the additional electricity generation planned for their respective markets over the coming years, raising concerns over power availability as cloud computing and artificial intelligence (AI) workloads expand, according to BMI Country Risk and Industry Research.