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Tag: Startups

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.

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.

Echelon Singapore 2025 to spotlight regional innovation and startup growth

Echelon Singapore 2025 returns on 10–11 June, uniting 8,000+ delegates to drive regional innovation, startup growth, and cross-border ties.

DeepSeek updates its powerful AI model and makes it available on Hugging Face

DeepSeek shares an upgraded version of its R1 AI model on Hugging Face, now available under MIT licence with 685 billion parameters.

AI may be reducing job opportunities for new tech graduates

AI may shrink entry-level tech jobs as firms hire fewer graduates and prefer experienced staff to handle advanced AI-driven tasks.

GridCARE launches to solve AI’s growing power challenge

GridCARE secures US$13.5M to speed up AI data centre power access by unlocking hidden grid capacity using AI-based tools.

Stellar Lifestyle and JR East launch third Stellarate accelerator to shape the future of retail and ad-tech in train stations

Stellar Lifestyle and JR East launch Stellarate 3.0, offering over S$130,000 in grants to start-ups redefining retail and advertising in train stations.

Airwallex raises US$300 million to push forward global banking expansion

Airwallex raises US$300 million at a US$6.2 billion valuation to scale global banking and fintech solutions.

What you need to know about Mistral AI, the French startup taking on OpenAI

Mistral AI gains attention with Le Chat, new AI models, and strong French support as it challenges OpenAI in the growing AI landscape.

Qualcomm selects 15 APAC startups for AI mentorship and showcase in 2025

Qualcomm shortlists 15 startups from Japan, Singapore, and South Korea for its 2025 AI mentorship programme and Demo Day showcase.

Ringkas secures US$5.1 million to expand AI-powered mortgage platform in Southeast Asia

Ringkas raises US$5.1M to scale its AI-powered mortgage infrastructure and improve home financing access across Southeast Asia.

Startups fight back against Cluely’s AI cheating tool with detection software

Startups fight back against AI cheating tool Cluely with new detection software, while Cluely hints at future smart glasses and AI hardware.