Thailand

Thailand’s Amity Robotics raises $7M to expand AI concierge robots across Asia

Thailand-based Amity Robotics, a physical AI and robotics company building AI-powered experiences for the physical world, has closed a $7 million seed round combining equity and debt financing.

Singapore’s Igloo acquires insurtech firm Eazy Digital

Igloo, Singapore-based insurtech company, has acquired Eazy Digital, a Singapore-headquartered insurtech company with operations across Thailand and Asia.

Thailand’s Amity establishes Singapore as global AI hub

Amity, the enterprise artificial intelligence (AI) technology company founded in Thailand, announced Monday the official launch of its Singapore office and AI Research & Application Center (ARAC).

Google Cloud appoints Saruj Thipsena as Country Manager for Thailand

Google Cloud announced Tuesday the appointment of Saruj Thipsena as Country Manager of Thailand, who will lead the company’s go-to-market strategy, customer and partner engagement, and business operations.

Thailand data center capacity set to quadruple as hyperscalers drive growth – BMI

Thailand’s data center sector is set to sustain strong medium-term growth, driven by a rapidly expanding pipeline of hyperscale investments and supportive government policies, even as execution risks around power supply, grid readiness and costs begin to emerge, BMI Country Risk & Industry Research said Monday.

Singapore’s Singtel sells 2.8% stake in Thailand’s Gulf Development for $775M, nears $7B asset recycling target

Singapore's Singtel has sold 2.8 percent of its stake in Gulf Development, Thailand's largest energy company, for approximately S$1 billion ($775 million), generating cumulative equity gains of approximately $109 million.

True IDC invests $182M in its 7th data center in Northern Bangkok

True Internet Data Center, or True IDC, the largest data center and cloud service provider in Thailand under the Charoen Pokphand Group, has announced a continuous investment of over 6 billion baht ($182.11 million) and held a groundbreaking ceremony for its 7th data center in Northern Bangkok.

NewGen increases K25.ai ownership to 10 percent in closed pre-A round

NewGenIVF Group Limited (NewGen), a Thailand-based technology firm, has on Thursday announced that it has executed an agreement for a further $4 million strategic investment in K25.ai.

Nokia to upgrade Malaysia-Cambodia-Thailand subsea cable with 30 Tbps capacity for Symphony Communication

Finland's tech giant Nokia was selected by Thailand's telecommunications giant Symphony Communication to upgrade the Malaysia-Cambodia-Thailand subsea cable system, replacing legacy equipment with Nokia's Submarine Line Terminal Equipment.

AI Game Studio Onibi raises funding from SeaX Ventures to develop open-world RPG Tomo: Endless Blue

Onibi, an independent game studio developing AI-powered open-world multiplayer RPG Tomo: Endless Blue, has closed a strategic funding round led by Thailand-based SeaX Ventures and France-based Pix Capital.