AI

Hong Kong-based Animoca Brands launches $10M investment for AI agent platform

Hong Kong-based Animoca Brands will invest up to $10 million in selected early-stage projects building on its AI agent platform, known as “Minds.”

Alipay launches AI payment processing tool for businesses as agent-based commerce Expands

China’s online and mobile payment platform Alipay has launched a new AI payment processing product aimed at enabling businesses in mainland China, including small firms and one-person companies, to accept payments from autonomous AI agents.

Korea’s SK Innovation to build 1,500 MW power plant in Vietnam to support AI data center

South Korea's SK Innovation plans to develop a 1,500 MW LNG-fired power plant in Vietnam, partly to electrify a AI data center, highlighting the growing link between energy infrastructure and digital development.

Tencent Cloud launches 2026 AI game development Hackathon at University of Hong Kong

Tencent Cloud, a leading cloud company, has launched its 2026 “AI CAN DO IT” Game Development Hackathon during the “Tencent AI Campus Tour” event held at the University of Hong Kong on April 16.

Vietnam plans $1.1B national AI development fund

Vietnam is planning to establish a national artificial intelligence (AI) development fund, with the State budget funding at least VND30,000 billion ($1.14 billion), according to the Ministry of Science and Technology's draft decree for the fund.

AI adoption in Singapore hits 64%, only 18% reach advanced stage: HubSpot

As many as 64 percent of Singapore businesses are now consistently using artificial intelligence (AI) in daily workflows, but only 18 percent have progressed to deploying fully autonomous systems capable of making decisions and executing tasks independently, according to new research from HubSpot.

Singapore-based cloud service OrtCloud raises $1.7M pre-seed funding to advance AI-focused cloud infrastructure

OrtCloud, a Singapore-based cloud infrastructure company, has raised $1.7 million in a pre-seed funding round led by Southeast Asia-focused early-stage venture capital firm Golden Gate Ventures, with participation from early-stage investor Antler.

Temasek-backed AI venture firm Xora Innovation appoints Eric Rosenblum as General Partner

Xora Innovation, an early-stage AI and deep tech venture firm backed by Singaporean state-owned investment firm Temasek, has appointed Eric Rosenblum as General Partner.