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Singapore’s AI firm Mindverse secures $5M in seed funding led by Square Peg

Singapore-based artificial intelligence (AI) startup Mindverse has successfully closed a $5 million seed funding round led by Square Peg.

MAS, Mastercard sign MoU to enhance cooperation in cybersecurity

The Monetary Authority of Singapore (MAS) and global payment firm Mastercard have on Tuesday signed a Memorandum of Understanding (MoU) to enhance cooperation in cybersecurity, with the aim to strengthen cyber resilience in the financial services sector in Singapore.

Thailand’s 9Basil acquires Singapore private credit platform AlteriQ Global

9Basil Group, a Thailand-based alternative investments firm, has on Thursday announced its acquisition of AlteriQ Global (AlteriQ), a boutique Asia-Pacific private credit platform based in Singapore.

Microsoft to invest $2.9B in AI and cloud infrastructure in Japan

American technology firm Microsoft has announced it will invest $2.9 billion over the next two years to increase its hyperscale cloud computing and artificial intelligence (AI) infrastructure in Japan.

India’s Neysa raises $20M in seed funding led by Matrix Partners India, Nexus Venture Partners, NTTVC

Neysa, an India-based artificial intelligence (AI) cloud and platform-as-a-service startup (PaaS), has secured $20 million in seed funding. Led by Matrix Partners India, Nexus Venture Partners, and NTTVC, the funding will help drive the generative-AI-cloud platform as a service and observability for India and global markets.

fiber, cable, wire

Mission critical: Safeguarding submarine cable networks

Network operators are investing in infrastructure to boost connectivity across the region. Perhaps unbeknownst to many, a big part of this infrastructure involves international submarine cables carrying #telecommunications traffic between #SEA and the rest of the world. Behind every email sent, every transaction made, and every phone call dialed is a…

Professional Triathletes Organization partners Animoca Brands’ subsidiary SPORTPASS for endurance sports Web 3 experience

The Professional Triathletes Organization (PTO) and SPORTPASS, a fan engagement and gaming platform and a subsidiary of Animoca Brands, have on Wednesday announced the entry into a framework in respect of a partnership to transform the fan experience for triathlon and endurance sports that leverages Web3 and blockchain technology.

Metalpha and Algos Electronics jointly set up NOWLIT fintech solutions

Metalpha Technology Holding Limited, a Hong Kong-based digital asset-focused wealth management company, together with global chips provider Algos Electronics Corp., have established NOWLIT FinTech Solutions Corp.

India’s Filter Capital announces final close of $97M for its inaugural fund

Filter Capital, a technology-focused growth investment firm based in India, has announced the successful final close of its first fund – Filter Capital India Fund I at a total corpus of 800 crores ($97 million).

a person sitting at a desk with a laptop on it

Cybersecurity: A business imperative for today’s leaders

In the rapidly evolving digital landscape, cybersecurity has emerged as a critical business issue that leaders across all sectors must grapple with. The increasing sophistication and frequency of cyberattacks have made it clear that #cybersecurity is no longer just a technology concern, but a business one. Leaders who fail to recognize this are at risk of…