Singapore
Grab acquires Singapore’s dining reservation platform Chope – report
Chope is free to use and is available in seven cities: Singapore, Jakarta, Bali, Bangkok, Phuket, Hong Kong, and Shanghai.
MAS commits up to $74.33M to support quantum and artificial intelligence capabilities in the financial sector
The Monetary Authority of Singapore (MAS) has announced that it will commit an additional SGD 100 million ($74.33 million) under the Financial Sector Technology and Innovation Grant Scheme (FSTI 3.0) to support financial institutions in building capabilities in quantum and artificial intelligence (AI) technologies, as well as enable the advancement of…
Organizations report a four-fold increase in the deployment of generative AI since 2023
Organizations report a four-fold increase in the deployment of generative artificial intelligence (GenAI) since 2023, according to the Capgemini Research Institute’s latest report revealed on Monday.
Singapore’s CHITOSE Group raises $6.2M from Japan’s SMBC
Singapore-based biotech firm Chitose Bio Evolution Pte. Ltd. has announced the issuance of new shares of JPY 1 billion ($6.2 million) through a third-party allotment to Sumitomo Mitsui Banking Corporation (SMBC).
TAU Intelligence partners Jardine Matheson, Intel to launch resource-efficient AI solutions
Singapore-based generative artificial intelligence (AI) start-up TAU Intelligence has collaborated with Hong Kong-based conglomerate Jardine Matheson and United States-based technology firm Intel to launch resource-efficient AI solutions.
China’s XTransfer gets Singapore approval to provide payment services for SMEs
XTransfer, China-based business to business (B2B) cross-border trade payment platform, announced Tuesday that it has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a major payment institution license (MPI).
Singtel backs amalgamation of Intouch and GULF in move to simplify Thai associate AIS’ holding structure
Singapore Telecommunications Limited (Singtel) has on Tuesday announced its support for the amalgamation of Intouch Holdings and GULF, Intouch’s largest shareholder, which will create a leading digital and energy infrastructure player in Southeast Asia (NewCo).
Temasek’s Xora Innovation leads $55M Series A funding round in US battery maker Peak Energy
Xora Innovation, an Early-Stage deep tech investing platform of Temasek, has led $55 million Series A funding round in US battery maker Peak Energy.
Singapore-based tech unicorn Carro opens regional office in Hong Kong
Singapore-based used car online platform Carro has opened a regional office in Hong Kong.
Digital family office Arta Finance launches in Singapore
Arta Finance, a digital family office for accredited investors, has on Thursday announced it has received approval to launch in Singapore and plans to open its platform for Singaporean residents and others investing through Singapore later this year.
