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FinFan partners Neutron to power Lightning Network Infrastructure across Vietnam

FinFan, a Vietnamese cross-border payment service provider, and Neutron, a global Bitcoin Lightning infrastructure company, have announced a strategic partnership to officially distribute Lightning Network infrastructure for institutions across Vietnam.

GFTN expands digital solutions ecosystem with five strategic partners to drive technology-enabled financial transformation

The Global Finance & Technology Network (GFTN) announced on Wednesday their partnership with five new platform partners to strengthen its suite of digital offerings and expand its capability to deliver technology-enabled transformation across global financial ecosystems.

TenPay Global broadens integration of international wallets to Weixin Pay

TenPay Global, Tencent's cross-border payment platform and one of the designated inaugural foreign institution partners of China's Cross-Border Interconnection Payment Gateway (CPG), is expanding the connection of international wallets and institutions to Weixin Pay through CPG.

Temasek backs US AI chipmaker d-Matrix’s $275M funding

D-Matrix, the United States-based artificial intelligence (AI) chipmaker, has closed $275 million in Series C funding, valuing the company at $2 billion and bringing the total raised to date to $450 million.

The Librarian raises $2M in seed round led by Golden Gate Ventures

The Librarian, a Seattle-and-Singapore-based artificial intelligence (AI) assistant, has raised $2 million in seed funding led by Golden Gate Ventures.

Singapore’s Bioactivx raises $1.43M in seed round led by Cocoon Capital

Bioactivx (BAX), a Singapore-based biomaterials startup, has closed its $1.43 million seed funding round led by Cocoon Capital, with participation from global strategic investors.

GenAI Fund allocates over $6M to AI startups

The Singapore-based artificial intelligence (AI)-focused venture fund and corporate innovation platform GenAI Fund announced Thursday a $6 million allocation for six AI startups.

NTT Group establishes its first Southeast Asia startup investment vehicle in Singapore

Japan-based NTT DOCOMO Ventures, Inc. and NTT Finance Corporation will jointly establish a new investment vehicle in Singapore, Synexia Ventures Pte. Ltd., aimed at strengthening collaboration with promising startups in Southeast Asia.

Indosat, Nokia, and NVIDIA launch AI-RAN research center to drive mobile AI innovation in Indonesia

Indosat Ooredoo Hutchison (Indosat), Nokia, and NVIDIA, announced Wednesday the opening of a research center in Surabaya, Indonesia, designed to develop artificial intelligence (AI)-powered Radio Access Networks (RAN).

MAS issues guidelines for AI risk management

The Monetary Authority of Singapore (MAS) has on Thursday issued a consultation paper proposing a set of Guidelines on AI Risk Management to guide financial institutions on the responsible use of artificial intelligence (AI) in the financial sector.