Tech in Asia

Founded in 2022, Erad facilitates funding access for SMEs in Saudi Arabia and the UAE within 48 hours.

The UAE has announced investment plans in the US totaling up to US$1.4 trillion over the next decade.

Founded in 2025, Tuba aims to enhance healthcare management using AI and digital solutions.

Among them are Wu Yi, ex-OpenAI researcher, and Le Zhenzhong, previously a scientist at Google’s AI research institute.

An Apple spokeperson said it was disappointed and plans to appeal.

The judge said Apple knowingly broke a 2021 order banning unfair pricing rules.

Sunsetting underperforming brands, raising prices, engaging dropshippers - firms are trying them all.

Despite optimism, some investors warn of risks and possible overinvestment, especially with AI budgets projected to shrink.

The funding will help expand into new markets, develop products, and support regulatory compliance.

Meta's Q1 revenue reached US$42.31 billion, exceeding analysts' expectations by over US$1 billion.

Visa's Intelligent Commerce aims to let AI agents shop for consumers based on their preferences.

China's manufacturing PMI fell to 49.0 in April, marking its lowest level since December 2023.

Microsoft's Azure cloud platform saw a 33% year-over-year revenue growth, driven in part by AI offerings.

Japan's GDP is now expected to grow by 0.5% in fiscal 2025, a decrease from the previous estimate of 1.1%.

US officials approached China through various channels, though no official confirmation has been given.

STV’s fund is backed by both SAB Invest’s Alternative Financing Fund and National Technology Development Program (NTDP).

Zinit's platform targets the 'tail spend' segment, accounting for 30% of procurement value and 80% of transactions.

SatLeo Labs has also secured over US$25 million in Letters of Intent from potential clients.

Elon Musk criticized the article, calling it "deliberately false" and a "breach of ethics".

MedIQ offers AI-driven tools for healthcare facilities and insurance operations and serves over 10 million customers.