AI

Rezolv, an Indian software company that utilizes AI to automate debt collection for lenders, has raised $12.5 million in a Series A funding round led by U.S. venture firm Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

Chinese payments and digital-services company Alipay launched China's first full-stack agentic commerce platform, giving merchants tools to move from digital operations to services run by AI agents, at a partner conference in Hangzhou.

The share of Singapore enterprises using agentic AI tools more than doubled to 51 percent in 2026 from 22 percent a year earlier, according to an annual survey by the United States-based workflow software firm ServiceNow.

RHB Investment Bank expects Malaysia technology sector’s momentum to remain intact into the second half, supported by robust supply chain order flows amid elevated artificial intelligence (AI) infrastructure spending, an improving earnings growth trajectory, and positive management guidance.

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Asian startup founders are planning their US expansion earlier, placing commercial teams closer to capital and customers while keeping product, engineering and operations rooted in Asia.

Malaysia’s semiconductor sector is benefiting from the global artificial intelligence (AI) boom, but gains remain uneven across the industry, while supply risks and the challenge of moving further up the value chain continue to weigh on its longer-term outlook, HSBC said on Thursday.

Databricks has closed a $5 billion strategic funding round at a $190 billion valuation after reporting more than 80 percent year-on-year growth and a $7 billion revenue run-rate.

Indosat Ooredoo Hutchison, NVIDIA, Universitas Gadjah Mada (UGM), and the Ministry of Communication and Digital Affairs have launched the UGM Indosat NVIDIA AI Technology Center (NVAITC), Indonesia's first university-based AI technology center.

Graas, a Singapore-based retail commerce AI company, has raised $17 million in a Series B round and acquired Trustana, a Singapore-based product-data platform.