AI

BIMB Securities believes the artificial intelligence (AI) infrastructure boom is far from over, as hyperscalers continue to expand capacity while the pursuit of more capable AI models fuels ongoing upgrades across servers, networking equipment and data centers.

Asia-Pacific technology hardware firms are benefiting from the artificial intelligence (AI) investment boom, but material downside risks could threaten strong demand across the AI-related value chain over the next two years, S&P Global Ratings said on Thursday.

Beijing-based Apex Intelligence has raised nearly $50 million across angel rounds to develop self-evolving foundation models for scientific research.

Anew Labs, ByteDance’s AI drug-discovery spin-off, has raised $290 million in its first external round at a valuation of about $1.5 billion.

Singapore’s non-oil domestic exports rose 46.2 percent year on year in August as AI-related demand drove another surge in electronics shipments.

Data-and-AI company Databricks, based in the United States, will invest more than $350 million in Singapore over three years, doubling its local workforce and quadrupling its office space as enterprises adopt AI.

Hang Ten Systems, an enterprise-AI services startup founded by former Infosys chief executive Vishal Sikka, has raised an additional $53 million led by Singapore-based Xora Innovation, a Temasek-backed fund.

TDCX Hong Kong Managing Director Michael Cowell discusses AI-assisted CX, changing frontline roles, better metrics, data residency and what makes an operation genuinely AI-native.

Hong Kong's first five-year plan sets out AI governance, fintech infrastructure, startup funding and commercialization measures through 2030.

Criteo has expanded its reseller partnership with Tyroo Technologies into Thailand, Malaysia and the Philippines to support advertisers across Southeast Asia.