AI
Taiwan’s TECO to buy Malaysia’s Dynaciate in $50.8M AI data center expansion deal
Taiwan-based TECO Electric & Machinery will acquire a majority stake in Malaysian engineering firm Dynaciate, in a deal worth MYR200 million ($50.8 million), as part of its expansion into Southeast Asia’s AI data center infrastructure market.
KPMG launches AI trust hub in Singapore to support enterprise adoption
KPMG has launched a Trusted Artificial Intelligence Centre of Excellence in Singapore, aimed at helping organizations strengthen governance and trust in artificial intelligence systems as adoption accelerates across industries.
Singapore partners OpenAI in $234M push to expand national AI ecosystem
Singapore’s Ministry of Digital Development and Information (MDDI) and OpenAI will launch “OpenAI for Singapore,” a joint initiative aimed at strengthening the country’s position as a hub for applied AI innovation.
Singapore expands AI push through new national partnership with Google
Singapore and Google will jointly expand the deployment of frontier artificial intelligence (AI) across public services, research, education, and enterprise innovation.
42% of APAC enterprises to spend at least $1M on AI agents in next 12 months
Enterprises across the Asia-Pacific region are rapidly increasing investments in agentic AI, with 42 percent of organizations planning to allocate at least $1 million to AI agents over the next 12 months, according to a new report released by Informa and technology research firm Omdia.
Banks prepare for AI-human workforce as adoption accelerates: nCino survey
Most bankers expect artificial intelligence (AI) agents to become part of the workforce within the next five years, according to the “AI in Banking Benchmark” report released by NASDAQ-listed nCino, a platform for agentic AI banking.
Singapore’s Agibot to supply 143 AI robots for Michigan data center project
Singapore-based AGIBOT Pte. Ltd, under Chinese humanoid robot developer AGIBOT, will supply up to 143 robots for deployment at a Michigan data center, focused on artificial intelligence (AI) operations.
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.
