Tech in Asia

Carbyne, founded in 2014, has raised a total of approximately US$136 million, enhancing emergency services.

This initiative integrates hybrid computing technology into sectors such as aviation and industrial systems.

This initiative aims to help banks address challenges in deploying AI, including privacy and fraud risks.

This decision aims to address overcapacity in China's automotive sector and respond to ongoing price competition.

The initiative aims to increase the number of Indian suppliers from 150 to 1,000 within a year.

Developed by RedNote's Humane Intelligence Lab, the model is designed to balance performance with lower training.

The firm has primarily invested in sectors such as retail, restaurants, education, and consumer goods.

Stability AI denies these allegations, arguing that its AI tools draw on collective human knowledge and comply with fair use.

Sunnova's assets and liabilities are estimated between US$10 billion and US$50 billion.

Alphawave develops high-speed semiconductor and connectivity technology used in data centers and AI applications.

Imports from the US decreased over 18%, causing China's trade surplus with the US to drop 41.55% to US$18 billion.

In this week’s The Prompt, we look at AI hosts in Indonesia’s social commerce apps and Meta’s big bet on AI-powered digital advertising tools.

Check out this constantly updated list of startups in Israel that have recently raised funding.

Other platforms, such as Moonshot’s Kimi, have also disabled similar functions.

The US delegation includes Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer.

This was the first phone call between the leaders since Lee's election on June 3, 2025.

The move is part of a broader £187 million (US$253.5 million) program to boost AI skills, backed by IBM, Microsoft, and BT.

The meeting in London on June 12, 2025, follows a failed attempt at de-escalation in Geneva.

Utkarsh Sinha of Bexley Advisors said lower interest rates could increase demand from fund managers for new equity offerings.

They see Geely as well-positioned due to its pricing strategy and internal structure.