Singapore

HitPay has launched CFO Stack, starting with Virtual Accounts for B2B collections in Singapore and the Philippines, with supplier payments and other finance tools planned.

Tencent Cloud and AI Singapore have launched a Singapore hackathon with DBS, Keppel, Aspire, Ryde and NTU LKCMedicine providing real-world agentic AI challenges.

Anthropic will open a Singapore office in October, its first in Southeast Asia and fifth in APAC, with local hiring planned across several functions.

Alphabet's self-driving unit Waymo will launch a fully autonomous, all-electric ride-hailing service in Singapore by 2028, its first market in Southeast Asia.

France's energy giant Schneider Electric will invest S$25 million ($19.6 million) in upgrading it smart automation and digital capabilities at its Hub Asia Distribution Center in Tuas, Singapore.

Chile, New Zealand, Singapore and the Republic of Korea, Parties to the Digital Economy Partnership Agreement (DEPA), have welcomed Costa Rica as the DEPA’s fifth Party, and the second member to accede to the agreement.

Anew Labs, ByteDance’s AI drug-discovery spin-off, has raised $290 million in its first external round at a valuation of about $1.5 billion.

Singapore’s non-oil domestic exports rose 46.2 percent year on year in August as AI-related demand drove another surge in electronics shipments.

Data-and-AI company Databricks, based in the United States, will invest more than $350 million in Singapore over three years, doubling its local workforce and quadrupling its office space as enterprises adopt AI.

Hang Ten Systems, an enterprise-AI services startup founded by former Infosys chief executive Vishal Sikka, has raised an additional $53 million led by Singapore-based Xora Innovation, a Temasek-backed fund.