Singtel has dismissed the possibility of selling its Australian subsidiary, Optus.
Singapore – Singapore Telecommunications (Singtel), the leading telecom operator in Southeast Asia, has reaffirmed its stance on Wednesday, dismissing rumors of an imminent deal to divest its Australian subsidiary, Optus.…
OpenAI to Open Its First Office in Asia, Located in Tokyo
OpenAI, the developer of the widely-used ChatGPT, is making significant strides in the Asian market with the establishment of its first office in Tokyo. This move signifies a strategic shift…
Luminance, a legal tech startup supported by Mike Lynch, secures $40 million in funding amid AI excitement.
In a significant move that highlights the burgeoning interest in artificial intelligence (AI) within the legal sector, Luminance, a pioneering legal technology firm, has successfully secured $40 million in Series…
Hailo raises $120M to compete with powerful Nvidia amid AI chip startup challenges
The artificial intelligence (AI) chip sector, once buoyed by an influx of venture capital and investor interest, is encountering a notable shift in its funding landscape. The dominance of industry…
Amazon gives startups free credits for Anthropic AI models.
In an ambitious move aimed at cementing its position in the burgeoning AI sector, Amazon Web Services (AWS) has significantly expanded its support for startups. By extending its cloud credits…
Intel reports a $7 billion operating deficit for its semiconductor manufacturing division.
In a stark revelation that caught the attention of investors and industry analysts alike, Intel Corp. disclosed a deepening crisis within its foundry business, underscoring the challenges it faces in…
Samsung plans to unveil a financial super app, partnering with South Korean banks.
Samsung, a name synonymous with cutting-edge technology and market dominance in consumer electronics, is now venturing into uncharted territory—financial services. The South Korean conglomerate is reportedly in the advanced stages…
Apple researchers have created an AI capable of perceiving and interpreting the context of a screen.
In the ever-evolving landscape of artificial intelligence (AI), Apple Inc. is making strides with a groundbreaking AI system poised to revolutionize how we interact with voice assistants. The newly unveiled…
As the Nintendo Switch nears PlayStation 2’s high sales records, Sony revises figures
In an intriguing turn of events, Nintendo’s Switch console is on the brink of surpassing a significant sales milestone. As of February, the Switch family had sold over 139 million…
The US Ambassador states readiness to collaborate with Malaysia on renewable energy initiatives.
In a significant push towards cleaner energy, the United States has expressed its readiness to support Malaysia in its journey away from coal-powered energy towards embracing renewable sources. Ambassador Edgard…
Breaking Down The Difference Between Series A And Series B Funding
In the realm of startup funding, understanding the difference between Series A and Series B rounds is crucial for entrepreneurs seeking growth capital. Series A funding typically marks a startup’s…
GGV Capital divides into Granite Asia and Notable Capital, heralding a new era.
In a landmark move reshaping the landscape of venture capital investment, GGV Capital, a key player in fostering business relationships between the U.S. and China for 24 years, has announced…
Tech upcycling is expected to revive the manufacturing industry.
In a dynamic shift propelled by regional expansion and vigorous demand from advanced economies, Malaysia’s manufacturing sector stands on the cusp of a significant recovery. Anchored by a surge in…
OpenAI unveils an advanced audio tool with the ability to accurately mimic human voices.
In a groundbreaking move that pushes the boundaries of artificial intelligence (AI), OpenAI has unveiled its latest innovation: Voice Engine, a cutting-edge audio tool capable of converting text into speech…
Techcoop Raises $5 Million to Support Smallholder Farmers and Agri-SMEs in Vietnam
Techcoop, a pioneering Vietnamese agritech startup, has recently announced a significant milestone in its journey toward revolutionizing the agricultural landscape of Vietnam. The company, specializing in providing comprehensive trade, financing,…
Amazon Finalizes $4 Billion Investment in AI Titan Anthropic
In a move signaling Amazon’s continued commitment to innovation and technological advancement, the e-commerce giant has injected an additional $2.75 billion into Anthropic, a burgeoning powerhouse in the field of…
Singaporean Celebrities Adopt AI Avatars through the innovative IdoLive
In a groundbreaking move that could potentially shift the dynamics of online marketing and livestreaming, Singapore-based startup IdoLive has unveiled its services, setting a new benchmark as Southeast Asia’s pioneer…
Huawei smartly follows Xiaomi into the EV market, starting battery production for its partner.
In a significant stride towards electrification, Huawei Technologies, in partnership with Chery Automobile, has commenced the mass delivery of its eagerly awaited luxury electric vehicle (EV), the Luxeed S7. This…
Japan authorizes $3.9 billion in financial support for semiconductor manufacturer Rapidus
Tokyo – Japan has taken a bold step towards reclaiming its status as a leader in the semiconductor industry, a sector pivotal to the modern global economy. The country’s industry…
Born Ready initiates a $10 million fund to support Web3 projects across the APAC region
Born Ready, a venture fund at the forefront of Web3 innovation, joins forces with Catalyze Research to unveil the Catalyze Futureverse Ecosystem Fund, a US$10 million investment initiative. This collaboration…