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FileAI, a Singapore-based enterprise artificial intelligence (AI) startup, has on Monday announced it has raised $14 million Series A funding.

In the near term, TikTok’s return to U.S. app stores may feel like a reprieve for ByteDance, the platform’s creators, and millions of loyal users. Yet the fundamental tension - between a Chinese-linked enterprise and American lawmakers skeptical of foreign data harvesting - remains unresolved. 

We talked to Chandra Tjan, Co-Founder & General Partner Alpha JWC Ventures to learn more about the firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.

Gobind said the government is giving serious consideration to DeepSeek and its model, before it can be adapted for local use to keep pace with the rapid development of the AI landscape.

Singapore-based fintech venture 129Knots has launched with a $10 million investment led by Sing Fuels.

Japan-based internet services company SoftBank Corp. and global quantum computing firm Quantinuum announced Wednesday that they have agreed to a wide-ranging partnership in quantum computing.

The Thailand Board of Investment (BOI) has on Wednesday approved a 126.8 billion baht ($3.77 billion) data hosting project by leading global video content platform TikTok, and a 3.25 billion baht ($96.61 million) cloud services project by Thailand-based cloud services firm focusing on artificial intelligence (AI) applications Siam AI.

Helion, a fusion energy company, has on Tuesday announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s groundbreaking fusion technology.

Vietnamese tech startups raised $120 million in funding in 2024, representing a 38 percent decline from the $196 million secured in 2023 and a sharp 77 percent drop compared to the $518 million raised in 2022, Tracxn said Tuesday.

The convergence of #blockchain, #AI, and cross-border collaboration is charting a new course for global payments. Yet, at the heart of this transformation lies a simple but powerful vision: making financial services faster, easier, and more inclusive for everyone.