Asia

Foreign ministers of Australia, India, Japan and the United States at the Quad meeting in Atlanta

Quad pledges over $85M for trusted AI in Indo-Pacific

The Quad plans more than $85 million in trusted AI assistance and a new review of semiconductor and AI-hardware supply-chain chokepoints.

EHang EH216-S pilotless passenger eVTOL aircraft

EHang opens Thailand hub for Southeast Asia eVTOL rollout

EHang has established a Thailand hub and plans an initial fleet of 25 EH216-S aircraft to support eVTOL projects across Southeast Asia.

IBS plans HK$563M acquisition of AI chip company

Hong Kong-listed IBS has agreed to acquire QuantumCompute Solutions for HK$563 million in a conditional move into AI chip design and edge computing.

OMRON Healthcare's manufacturing factory near Chennai, India

OMRON begins full-scale production at first India factory

OMRON Healthcare has started full-scale production at its first India factory near Chennai, targeting a tenfold capacity increase by 2028.

TPG closes debut Asia growth fund at $1.3B

TPG has closed its debut Asia lower-middle-market growth fund with $1.3 billion, exceeding the target for the new regional strategy.

Binance vows to cover all losses from security breach, estimated at $6.3B

Binance, one of the world's largest cryptocurrency exchanges, is investigating a security incident that it estimates has an overall impact of about $6.3 billion, and will cover all losses.

Check Point, ITE to train more than 500 Singapore cybersecurity students yearly

Check Point and Singapore's ITE plan to provide cybersecurity training resources and virtual labs to more than 500 students annually.

GMO investigates Onamae breach potentially affecting 26,739 servers

GMO Internet is investigating an intrusion into Onamae.com Desktop Cloud that potentially affected 26,739 servers and exposed customer information.

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.