Friday, 11 July 2025
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Tag: Startups

BDx unveils Southeast Asia’s first hybrid quantum AI testbed in Singapore

BDx launches Southeast Asia’s first hybrid quantum AI testbed in Singapore, boosting AI innovation and sustainability at the SIN1 data centre.

Figma files for IPO and plans to boost AI investment

Figma files for IPO under the ticker “FIG” and plans to boost AI investment, even if it slows short-term efficiency.

Moneythor launches AI Suite to help banks deliver deeper customer experiences

Moneythor unveils AI Suite to help banks deliver personalised, app-like customer experiences and improve digital engagement.

The music industry steps up efforts to track AI-generated songs

Music platforms are developing tools to trace AI-generated songs, aiming for control, licensing, and transparency across the industry.

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.