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Singapore unveils AI supercomputer to advance climate, healthcare studies

Singapore on Monday launched ASPIRE 2B, a new national supercomputer designed to support advanced artificial intelligence (AI) research and high-performance computing, as the city-state seeks to deepen its position as a regional AI hub and accelerate breakthroughs in areas ranging from climate science to healthcare.

Temasek leads UK AI firm PhysicsX $300M Series C funding

PhysicsX, the physics artificial intelligence (AI) company for industrials, has on Monday announced an oversubscribed $300 million Series C financing at a valuation of approximately $2.4 billion.

Singapore’s Silicon Box secures $78M financing to accelerate growth in advanced packaging

Silicon Box, a Singapore-based advanced semiconductor panel-level packaging and chiplet integration firm, has on Monday announced that it has secured S$100 million ($77.65 million) in debt financing from leading institutional investors – funds managed by Ares Management Corporation (Ares), InnoVen Capital, January Capital Growth Credit (January Capital),…

Sea stands out as AI transforms ASEAN digital economy – Maybank

Artificial intelligence (AI) is reshaping how value is created across Southeast Asia's internet sector, shifting the focus from cost savings to platform capabilities such as fulfilment, payments and consumer trust, with Sea Ltd seen as one of the key beneficiaries of the trend, Maybank Investment Bank said Monday.

Singtel Group partners Digital Industry Singapore to accelerate AI transformation

The Singtel Group has announced a strategic partnership with Digital Industry Singapore (DISG) to accelerate a multi-year AI transformation program across its businesses and strengthen its capabilities in artificial intelligence (AI)-enabled operations, digital infrastructure, customer platforms and workforce development.

DBS enables remittances to Weixin Pay wallets in China via digibank

Singapore's DBS Bank has enabled customers in Singapore to transfer funds directly to Weixin Pay digital RMB wallets in China through its DBS Remit service, expanding cross-border payment options amid growing travel and financial flows between the two countries.

Trransfer Technologies, LINE GO partner to expand enterprise ground transportation across Taiwan, global markets

Trransfer Technologies, a Singapore-based business to business (B2B) ground transportation platform, has on Monday announced the official launch of its strategic partnership with LINE GO, Taiwan's premier mobility as a service (MaaS) ecosystem platform.

Singapore’s DayOne Data centers raises $4.5B in Series C to expand Asia Pacific, Europe

Singapore-based data center developer and operator DayOne Data Centers has completed the final closing of its Series C equity financing at $4.5 billion, in one of the largest fundraises by a data centre company in the region.

Singapore’s Panthera Growth Partners to invests $30M in India’s AI security firm Innefu Labs

Singapore-based growth equity firm Panthera Growth Partners will make a $30 million investment in Innefu Labs, an Indian artificial intelligence (AI) company focused on national security, positioning the firm for an IPO and accelerating its expansion into international markets.

Moomoo Singapore announces Jeyson Ng as Chief Executive Officer

Fintech firm Moomoo Singapore has on Friday announced the official appointment of Jeyson Ng as Chief Executive Officer.