Business
Elon Musk reveals xAI expansion plans and commits to open source Grok models
Elon Musk unveils plans to expand xAI’s computing power with 50 million H100 chips and commits to open-sourcing all Grok AI models.
Business
Perplexity makes a US$34.5 billion offer to acquire Google Chrome
Perplexity has made an unsolicited US$34.5B bid for Google Chrome, pledging major investment if Google agrees to sell.
Business
Antler invests US$7.4 million in Southeast Asia startups with focus on AI
Antler invests US$7.4M in Southeast Asia startups, with US$2.8M supporting AI firms through its new AI Disrupt residency in Singapore.
Business
Nibertex raises US$7 million to scale PFAS-free textile membrane production
Nibertex raises US$7 million in Series A funding to scale PFAS-free textile membrane production and meet rising global demand for sustainable materials.
Business
Kickstart Ventures: Redefining venture sourcing through ecosystem-led strategies in Southeast Asia
Kickstart Ventures builds deal flow in Southeast Asia by embedding in ecosystems, not relying on pitch events or traditional networks.
Technology
Keenon Robotics takes a steady approach to humanoid technology development
Keenon Robotics takes a step-by-step approach to humanoid robots, focusing on simple tasks and practical use in hospitality and logistics.
Business
Apple launches online retail store in Saudi Arabia for the first time
Apple launches its official online store in Saudi Arabia with Arabic support, direct sales, and plans for a retail store by 2026.
Business
UBTech Robotics seeks US$307 million through Hong Kong share placement
UBTech Robotics plans to raise US$307 million in Hong Kong via a discounted share placement to support operations and expand its robotics business.
Business
China to invest in Brazil-led global forest fund, signalling shift in climate finance
China may invest in Brazil's global forest fund, signalling a shift in climate finance and broader support from emerging economies.
