Technology
Mainland investment boom lifts Hong Kong’s market
Chinese firms turn to Hong Kong listings after mainland investors spend US$93B on stocks, eyeing global growth and fresh funding sources.
Business
Hong Kong opens skies to larger drones in bid to grow low-altitude economy
Hong Kong will allow the testing of larger drones to boost its low-altitude economy and improve logistics, following mainland China's lead.
Technology
Meta partners with XGS Energy to develop a 150 MW geothermal plant in New Mexico
Meta joins XGS Energy to develop a 150 MW geothermal plant in New Mexico, boosting clean energy for data centres.
Technology
Coco Robotics secures US$80 million to expand delivery robot services
Coco Robotics raises US$80M to expand its eco-friendly delivery robots. It is backed by Sam Altman and partnered with OpenAI for real-world AI training.
Business
Meta in talks to invest over US$10 billion in Scale AI
Meta may invest over US$10B in Scale AI, marking one of the biggest private AI funding deals and Meta’s largest external AI investment ever.
Business
Atome secures US$75 million funding to boost financial inclusion in the Philippines
Atome secures US$75 million from Lending Ark to expand responsible digital credit access in the Philippines.
Technology
Google backs fusion energy again with US$150 million for TAE Technologies
TAE Technologies raises US$150 million from Google and others to push fusion energy closer to commercial use by the early 2030s.
Business
Grammarly gets a US$1 billion boost without giving up ownership
Grammarly raises US$1B in nondilutive funding from General Catalyst, keeping control while boosting growth and AI productivity efforts.
Business
Myriota strengthens Southeast Asia satellite IoT expansion with AUD $25 million funding
Myriota unveils new satellite IoT platforms and secures AUD $25M to drive Southeast Asia expansion and address remote connectivity challenges.
