Deep Tech

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.

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.

GoTo logo on a dark blue and teal background

GoTo releases Indonesian language model

GoTo has released a 27-billion-parameter model trained for Indonesian and several regional languages through its official Hugging Face repository.

a person's head with a circuit board in front of it

China proposes export controls on 23 AI technologies

China proposes adding 23 AI technologies to its export-control catalogue and has begun temporary registration for covered transfers.

Robotic arms on the flexible production line at Hong Kong's Embodied AI International Applications Hub

Hong Kong launches embodied AI hub for real-world robot testing

HKPC and FLAIR have launched Hong Kong's first embodied AI applications hub for real-world robot training, validation and deployment.

Applied Materials unveils $5B semiconductor R&D center in Silicon Valley

Applied Materials has unveiled an Equipment and Process Innovation and Commercialization Center in Silicon Valley, a US$5 billion investment intended to support semiconductor equipment and process research.The compa

Singapore’s Antares Ventures secures $50M for deep-tech fund, targets $100M

Antares Ventures, a Singapore-based deep-tech venture capital firm, has secured more than $50 million in commitments for its first fund at a second close, an interim closing at which additional investors join.

NEU Battery Materials logo on a green and charcoal background

NEU Battery Materials raises $7.6M and opens Singapore plant

Singapore battery recycler NEU Battery Materials has raised $7.6 million and commissioned a 1,300-tonne-per-year LFP recycling plant in Tuas.

Infineon completes C2i acquisition to expand AI data center power R&D in India

Infineon has completed its acquisition of Bengaluru-based C2i Semiconductors, adding digital power-management expertise for AI data centers.

Japan’s Sumitomo Bakelite to expand chip-encapsulation material output in Singapore, China

Japan's Sumitomo Bakelite will expand production capacity for advanced semiconductor encapsulation materials for chip production at its plants in Suzhou, China, and Singapore, installing new production lines at both sites.