Latest news and trends about tech

The launch of $50 million Techxila Fund II builds on the success of Gobi’s first Pakistan-focused venture capital fund, which has invested in 22 startups to date.

Telekom Malaysia (TM), a Malaysia-based telecommunication firm, has on last Friday unveiled its sovereign GPUas-a-service (GPUaaS).

Singaporean DePIN protocol Copute has secured a community grant from DFINITY Foundation, a Swiss non-profit organization that has a focus on the research and development (R&D) of blockchain technology.

Malaysian conglomerate DRB-Hicom Bhd with its joint venture partner Chinese automaker Zhejiang Geely Holding Group have inked memorandum of understandings (MOU) with two government bodies, namely with Malaysian Investment Development Authority (MIDA) and Malaysia Automotive, Robotics and IoT Institute (MARii) to promote the development of the Automotive…

MIDF Research said Monday that Malaysia-based YTL Power International Bhd's 100MW artificial intelligence (AI) data center construction in Johor is on track.

Maybank Investment Bank said Monday that it expects core e-commerce/on-demand services growth of internet companies in Singapore to be sustained over the medium term owing to under-penetration.

EQT Private Capital Asia has completed the acquisition of the Singapore-based property technology (PropTech) company PropertyGuru Group.

The rise of neobanks marks the beginning of a new era in #FinTech — one that is more agile, user-first, and more responsive to the needs of today’s consumers. By leveraging the right technologies, prioritizing security, and staying flexible, #Neobanks have the potential to reshape the traditional financial services industry.

1337 Ventures, through its 1337 Accelerator Fund I, has announced its investment in Vircle, a Malaysian neo banking platform focused on transforming financial literacy for children.

Microsoft has on Tuesday announced the launch of “AI for Malaysia’s Future” (AIForMYFuture), a new initiative aimed at equipping 800,000 Malaysians with skills in artificial intelligence (AI) by the end of 2025.