Latest news and trends about tech
Thailand’s Abacus Digital raises $31M funding via bonds for business expansion
Abacus Digital Company Limited, a FinTech firm and the developer of Thailand’s digital lending application MoneyThunder, has successfully completed its inaugural $31 million bond offering to institutional and high-net-worth investors.
Instarem partners Choco Up to launch embedded SME financing
Instarem, a global digital payments platform under Nium, and Choco Up, a growth-financing provider, announced Thursday that non-dilutive financing is now embedded inside the Instarem Business portal.
HITC and Evolution team up to develop large-scale data centers in Vietnam
HTC International Telecommunication JSC (HITC) and Evolution Data Centers announced Tuesday that they have established a joint venture to develop large-scale, artificial intelligence (AI) and hyperscale data centers in Ho Chi Minh City and Hanoi.
Singapore’s RealVantage raises $10M Series A funding for expansion
Singapore-based real estate investment platform RealVantage, which operates as RV SG Pte. Ltd., a private limited company holding a Capital Markets Services license, has announced a $10 million Series A fundraise oversubscription, $70 million valuation well supported in excess.
How engineering teams keep pace with continuous models
Scaling AI systems beyond initial prototypes presents engineering teams with profound architectural challenges, primarily stemming from the inherent data dependency and subsequent decay of models. MLOps represents the specialized culture and established practices designed to unify the development of ML applications with system deployment and ongoing…
NayaPay launches global QR payments for Pakistanis via Alipay+
NayaPay, a Pakistan-based fintech platform, has launched global QR payments in collaboration with Alipay+, Ant International’s global wallet gateway.
Malaysians ramp up AI and digital skills as the country advances its transformation goals – Coursera
Coursera, Inc., a global online learning platform, said Wednesday that Malaysians are ramping up artificial intelligence (AI) and digital skills as the country advances its transformation goals.
Sunway iLabs partners Alibaba to strengthen regional AI startup ecosystem
Sunway iLabs, the innovation lab and corporate venture capital (CVC) arm of Sunway Group, has entered a strategic partnership with the Alibaba Entrepreneurs Fund (AEF)-NextGen Fund to foster deeper collaboration between Malaysia, Hong Kong and the Greater Bay Area.
Airwallex acquires majority stake in Indonesian payments company Skye Sab
Airwallex, a global payment firm, has acquired majority ownership of PT Skye Sab Indonesia, a PJP (Penyedia Jasa Pembayaran) Category 1 license holder.
BII achieves over $400M in green energy commitments across South-East Asia
British International Investment (BII), the United Kingdom's development finance institution (DFI), announced Tuesday it has committed £308 million ($400 million) in climate finance across South-East Asia during its current strategy period, advancing its ambition to invest up to £500 million ($666 million) by 2026.
