Latest news and trends about tech

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The Hugging Face breach makes the case for controlled AI in incident response

Hugging Face's July security incident exposed a practical problem for incident response: the AI tools analysts normally use may reject malicious artifacts or send sensitive breach data outside an approved environment.

Singapore’s Syfe crosses S$20B in assets under management

Singapore-based digital wealth platform Syfe says assets under management have surpassed S$20 billion as it rolls out stock lending, zero-fee US trading and a desktop web platform.

Nemetschek’s Jonathan Ng on CORENET X, AI-assisted compliance and digital delivery [Q&A]

Nemetschek Southeast Asia Managing Director Jonathan Ng discusses CORENET X, model quality, interoperability, AI-assisted compliance, accountability and digital skills in Singapore’s built environment.

Aolani and NVIDIA plan 22,000-GPU AI infrastructure expansion in Southeast Asia

Aolani is working with NVIDIA to deploy 22,000 Blackwell Ultra GPUs in Malaysia and the Philippines, taking its regional capacity above 48,000 GPUs.

SoftBank launches $11B bond sale to fund OpenAI investment

SoftBank has launched an $11 billion-equivalent bond sale to finance its next $10 billion OpenAI investment tranche and refinance bridge borrowing.

Taiwan breaks ground on Kaohsiung advanced-packaging park anchored by TSMC

Taiwan has begun construction of an 88.7-hectare industrial park in Kaohsiung focused partly on advanced semiconductor packaging, with TSMC planning a validation laboratory and talent training center.

Hong Kong fintech Reap launches managed fraud service for card programs

Hong Kong fintech Reap has launched Reap Sentry, a managed fraud and risk service covering card authorization screening, alert investigations, chargebacks and confirmed-fraud reporting.

India’s Moneyview seeks up to $624M valuation in trimmed IPO

Indian fintech Moneyview is seeking a valuation of up to about $624 million in an initial public offering scheduled to open September 24 after reducing the size of the planned deal.

Singapore’s MetaOptics secures up to $10M US investment facility

Singapore-listed MetaOptics has entered a warrant arrangement with White Lion Capital that could provide up to $10 million through the issuance of as many as 40 million new ordinary shares.

Malaysia’s renewable energy delivery faces rising skills, contractor risks, BIMB Says

The rapid expansion of renewable energy projects is increasing execution risks related to workforce skills, site safety and contractor management, BIMB Securities said on last Friday.