AI

Korai Flix agrees to $3.5B SPAC merger with APEX Tech

South Korea's Korai Flix has agreed to merge with APEX Tech Acquisition in a SPAC deal valuing the short-drama platform at $3.5 billion.

PFN and Tenstorrent win NEDO xPU research project

Preferred Networks and Tenstorrent will develop chiplet-based xPU technology in a five-year research project selected by Japan's NEDO.

Enterprise Singapore allocates S$45M to speed AI adoption in advanced manufacturing

Enterprise Singapore (EnterpriseSG) has launched Catalytic AI Solutions for the advanced manufacturing sector, a three-year initiative with more than S$45 million ($35.2 million) to help small and medium-sized enterprises (SMEs) deploy AI solutions.

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Cloudflare expands AI workspace integrations with enterprise applications

Cloudflare has added application integrations and deployment partnerships for Cloudflare OS, including Asana, Box, Canva, GitHub and Notion.

New Relic survey points to gaps in financial-sector AI monitoring

New Relic’s 2026 financial-services observability report links compliance and AI governance to increased monitoring demand.

Aolani and YCO Cloud on building an AI compute hub in the Philippines [Q&A]

Aolani and YCO Cloud discuss the Philippines’ planned NVIDIA Blackwell Ultra cluster, local demand, energy, skills and rollout risks.

Elice shares fall in KOSDAQ debut after $151M IPO

South Korean AI infrastructure provider Elice Group fell sharply in its KOSDAQ debut after raising 201.1 billion won through an IPO.

Neolix raises nearly $400M Series E led by Boyu

Chinese autonomous-delivery company Neolix has raised nearly $400 million in a Boyu Capital-led Series E to support global expansion.

METiS TechBio signs $1.1B AI drug-delivery deal with Eli Lilly

METiS TechBio and Eli Lilly will develop tissue-targeted RNA delivery systems in a collaboration carrying up to about $1.1 billion in milestones.

Tenstorrent raises $1.5B Series E at $6.2B valuation

Tenstorrent closed a $1.5 billion Series E at a $6.2 billion post-money valuation to expand AI systems, manufacturing and processor licensing.