Singapore

Tencent Cloud, the cloud business of Chinese technology company Tencent, announced Tuesday the expansion of its strategic partnership with Ryde Group, a mobility and quick commerce technology firm in Singapore.

TransferMate, the Ireland-based business to business (B2B) payments infrastructure as a service (IaaS) firm, has on Tuesday announced that it has received approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers, and e-money issuance services in Singapore under its Major Payment Institution (MPI) license.

Thunes, a Singapore-based payment firm, announced Tuesday that First Abu Dhabi Bank (FAB), the United Arab Emirates (UAE)’s Global bank, has chosen Thunes as its provider to enable global mobile wallet payouts through its Direct Global Network.

Google DeepMind is opening a new artificial intelligence (AI) research lab in Singapore with the goal of accelerating the adoption and real-world benefits of AI across the Asia-Pacific (APAC) region.

Princeton Digital Group (PDG), the Singapore-based data center provider, has on Wednesday broken ground on its $1 billion, 120 MW artificial intelligence (AI)-ready hyperscale data center campus in Greenland International Industrial Center (GIIC), Bekasi Regency, Greater Jakarta.

SGX Derivatives is rewriting the rules of institutional crypto trading with the launch of Bitcoin and Ethereum perpetual futures.

Building on its commitment to advancing artificial intelligence (AI) in Southeast Asia, Bain & Company will launch a new AI Innovation Hub in Singapore.

Singapore-based superapp Grab and digital assets firm StraitsX announced Tuesday a strategic memorandum of understanding (MOU) to explore the development of a Web3-enabled payments infrastructure across Asia.

GlobalFoundries (GF) announced Monday the acquisition of Advanced Micro Foundry (AMF), a silicon photonics foundry based in Singapore, marking a pivotal step in GF’s strategy to advance innovation and its leadership in silicon photonics.

Accelerating Asia Ventures, Singapore-based independent venture capital accelerator, announced last Friday its investment in eight new startups joining its twelfth cohort.