Deep Tech

Malaysia's technology export boom has yet to translate into stronger competitiveness, wages and investment, as the surge has been driven largely by higher global demand for memory-related products rather than gains in market share, CGS International said on Tuesday.

Greater reliance on domestic suppliers could help Malaysian technology hardware companies improve operating margins and reduce inventory holdings, although the benefits have yet to translate into stronger cash conversion, according to Kenanga Research.

Singapore will invest S$150 million in MARVEL-AI, an A*STAR-led platform combining artificial intelligence with automated laboratories for materials discovery.

GlobalFoundries, a semiconductor manufacturer headquartered in New York, has opened its Advanced Facilities Control Centre (AFCC) at its Singapore site.

HKEX has launched AI and semiconductor indexes and licensed the AI benchmark for planned exchange-traded funds in mainland China.

Japan-linked space startup Zero Industries has raised $3 million in pre-seed funding to develop a laser-based power transmission network for satellites.

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

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

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