Singapore biotech startup secures $4 million in seed financing from Elev8 and Seeds Capital
In a significant boost to the future of precision healthcare, Auristone, a groundbreaking biotechnology startup, has successfully closed a US$4 million seed funding round. This financial injection marks a pivotal…
Normalizing Trends Emerge in Spot Bitcoin ETF Market After Initial Hype
The initial excitement surrounding the launch of spot Bitcoin ETFs appears to be waning as the market begins to stabilize. This shift in momentum has been marked by a recent…
SingleInterface, a SaaS startup, secures $30M to expand online business services.
In a landmark move, SingleInterface, the innovative SaaS startup known for bridging the gap between offline businesses and digital growth, has announced a successful $30 million fundraising round. This marks…
Tesla to scout locations in India for a huge $3 billion electric vehicle plant
Tesla, the renowned electric vehicle (EV) manufacturer, is poised to significantly expand its global footprint by setting its sights on India for the establishment of a new electric vehicle factory.…
Tether and Circle Adopt Contrasting Strategies to Navigate Global Stablecoin Regulations
As the integration of traditional financial systems with the cryptocurrency economy deepens, significant stablecoin issuers like Tether and Circle are charting distinct paths through the evolving regulatory landscape. Each company’s…
SK Hynix, Nvidia’s supplier, commits $3.87 billion to a US chip packaging plant.
In a significant boost to the U.S. semiconductor industry, SK Hynix, the global memory chip powerhouse, has unveiled plans to channel approximately $3.87 billion into constructing a state-of-the-art packaging plant…
Former Snap AI Leader Introduces Higgsfield, Challenging OpenAI’s Sora Video Generator
In an era where artificial intelligence is reshaping creative landscapes, a groundbreaking development has emerged from the confines of OpenAI’s laboratory, introducing a generative AI model named Sora. This cutting-edge…
In-Depth Analysis: Changpeng Zhao’s Upcoming Sentencing and Its Implications for the Crypto Industry
Former Binance CEO Changpeng “CZ” Zhao is set to appear before Judge Richard Jones in the United States District Court for the Western District of Washington on April 30, following…
Raisinghani, a SaaS entrepreneur, secures $5.5 million for new AI project to enhance sales productivity.
In an era where artificial intelligence (AI) is reshaping the operational landscapes of businesses, SiftHub emerges as a beacon of innovation. Founded by Manisha Raisinghani, the former CTO and co-founder…
Malaysia becomes a focal point for semiconductor companies amid escalating chip disputes between the U.S. and China
In the evolving landscape of global manufacturing, Malaysia is positioning itself as a pivotal player in the semiconductor industry, capitalizing on the shift in dynamics caused by the ongoing U.S.-China…
Samsung’s profit is expected to reach its highest in six quarters due to rising chip prices.
In a surprising turnaround from last year’s slump, Samsung Electronics is poised to unveil a substantial surge in its first-quarter earnings, indicative of a broader recovery in the semiconductor sector.…
Window manufacturer supported by SoftBank to declare bankruptcy in an effort to reduce debt burden.
In a strategic move to alleviate its financial burdens, View Inc, a prominent window-maker with a unique sunlight-responsive technology, announced its decision to file for bankruptcy on Tuesday. This decision…
Hong Kong’s Crypto ETFs Face Limited Impact Without Mainland Chinese Investors, Pale in Comparison to U.S. Market
The Securities and Futures Commission (SFC) of Hong Kong has recently granted conditional approvals for three pioneering spot Bitcoin and Ether exchange-traded funds (ETFs). These approvals signal an emerging trend…
Meme Coins and AI Tokens Rally, Leading Market Recovery Following $2 Billion in Bitcoin-Related Liquidations
In the latest turn of events in the cryptocurrency markets, meme coins and artificial intelligence (AI)-linked tokens have demonstrated significant gains, reversing the losses incurred over the weekend. This resurgence…
Taiwan earthquake prompts TSMC factory evacuation, disrupting chip supply and raising prices.
In the aftermath of a seismic event that rocked Taiwan, the world braces for potential disruptions in the supply of semiconductors, sending shockwaves across industries reliant on electronic devices. The…
Crypto Investigator Alerts to Scam Operations Targeting DeFi Users
Pseudonymous blockchain detective ZachXBT has issued a stark warning about a nefarious group engaged in a sophisticated fraud scheme involving millions in stolen funds across multiple blockchain platforms. Utilizing his…
HD secures $5.6M funding for developing a Sierra AI tailored for healthcare in Southeast Asia.
In the realm of technological advancement, the evolution of chatbots has been nothing short of remarkable. Gone are the days of rigid, pre-programmed responses; today’s chatbots, powered by sophisticated generative…
US urges South Korea to tighten export controls on China chips.
In the ever-intensifying global technological race, the United States is rallying its allies to stand firm against China’s ambitions in the semiconductor industry. Recent reports indicate that the Biden administration…
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…