Malaysia
The technology is being developed for data centres used to train and run large AI models.
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SoftBank-backed OPay eyes up to $4.4b US IPO valuation
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Malaysia's SkyeChip joins SoftBank-backed Japanese project to develop memory for AI
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Fast-fashion group Shein agrees to settle US FTC probe for $100m
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Mental health firm Amaha raising capital to expand hospital, clinic network
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HKEX launches new indexes for AI and semiconductor companies
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India Digest: Oyo halves IPO size; EQT-backed Sagility buys US co
Hillhouse offers to take Japanese IT firm Circlace private
Beyond the Buyout: Asia’s data centre boom faces growth pangs
India
It reported a rise in bad loans in its gold loan portfolio in the second quarter.
Singapore
What happens to the underlying investments in these capital-intensive companies?
World
NextDC shares closed down 41.7% with about A$3 billion wiped from its market value.
Moonshot released its Kimi K3 model in July.
Investment is also flowing into the infrastructure needed to support AI development.
Two billion-dollar deals were recorded in the July-Sept quarter in hospitals and infrastructure.
Philippines
Mynt raised around 60.9 billion pesos ($960 million) in Philippines’ largest IPO.
Rest of Asia
The lawsuit is Japan’s first civil lawsuit against a data centre operator.
The group will also launch an AI-first enterprise platform named Sea Cloud.