Australia

Australia’s Firmus raises $2B from Blackstone, Coatue, NVIDIA, to expand AI factories in APAC

Australia's Firmus Grid has received full commitments for a $2 billion strategic equity investment round, bringing its total new equity raised over the past year to more than $3 billion and its post-money valuation above $10.5 billion.

Singapore’s Singtel confirms Optus stake sale talks as Australian regulator pursues $174m penalty

Singapore Telecommunications Limited (Singtel) seeks a potential stake sale in its Australian subsidiary Optus Mobile, on the same day Australia's communications regulator commenced Federal Court proceedings against Optus Mobile, with a maximum penalty exposure of over A$250 million ($174 million).

Australia’s AirTrunk secures $2.33B green financing for Johor Bahru data center, largest in Malaysia

Australia's AirTrunk has secured $2.325 billion in green project financing under its Green Financing Framework to support the development of its JHB2 hyperscale data center campus in Johor Bahru, Malaysia.

China’s BYD, Australia’s Smart to jointly integrate novated leasing into EV purchase process

China's electric vehicle (EV) manufacturer BYD and Australia's salary packaging and novated leasing provider Smart will jointly offer BYD and DENZA electric vehicles available through novated leases to more than 2.5 million Australians employed by Smart's clients.

NVIDIA, Australia’s Firmus to jointly deploy 170,000 AI accelerators in Indonesia, targeting $30B in revenue

NVIDIA and Australia's AI facilitator Firmus Technologies will jointly provide global AI-native, enterprise, and ISV customers access to NVIDIA's AI accelerated computing stack, with the infrastructure to be deployed at Firmus' Batam campus in Indonesia.

Australia’s medtech Ovum raises $4M to build AI infrastructure for women

Ovum, an Australian women's health company founded by Ariella Heffernan-Marks, has raised $4 million in seed funding to address the gender health gap, tripling its valuation just one year after securing $1.7 million in a pre-seed round.

Vietnam, Singapore lead region in construction technology utillization

Vietnam leads the region with 52 percent of local employees utilizing weekly construction-specific technology, ahead of Australia at 48 percent and Singapore at 47 percent, according to Autodesk's State of Digital Adoption in the Construction Industry 2026 report.

Singapore’s car marketplace Carro acquires Australian used car platform CarPlace, expanding to 8 markets

Carro, Asia Pacific's leading online automotive marketplace, has acquired CarPlace, a leading Australian used car platform operated by Autoleague, one of Australia's largest automotive groups, giving Carro a physical presence in three of Australia's four largest markets.

Google, Telstra to jointly strengthen Australia’s digital, subsea connectivity

Google and Telstra have announced a partnership to enhance the reach, reliability, and security of Australia's digital infrastructure through the integration of terrestrial fiber and subsea networks, as both companies move to support the growing demands of AI applications and workloads.

Australia commits $10M to climate investment fund of Vietnam’s Do Ventures

The Australian Government has committed up to $10 million to Fund II of Vietnam's Do Ventures , in order to support climate-focused businesses in Vietnam and strengthening the country’s climate investment market.