Tech in Asia

Recently, Anduril partnered with OpenAI to integrate advanced AI into national security systems.

Among the blacklisted entities are six subsidiaries of Inspur Group, a major Chinese cloud computing provider.

OpenAI is facing significant costs related to chips, data centers, and workforce needs for its AI development.

GameStop's net sales dropped by 30% to US$1.28 billion as it shifts toward ecommerce under CEO Ryan Cohen.

An M&A may still be on the menu for the Singapore-based restaurant software startup.

RodRadar has raised US$20 million in funding and employs 30 people.

Southeast Asia's AI sector is underfunded, with software and AI deals dropping by 50% YoY since 2022.

Tesla will showcase its EV lineup and autonomous technology at an event in Saudi Arabia on Apr. 10.

Island has secured over US$730 million in total funding since its founding in February 2022.

Founded in 2015, Country Delight originally focused on delivering farm-fresh milk before expanding its offerings.

The India-only VC plans to invest in up to 30 startups at the pre-seed to seed stages.

As of December 2024, Meesho had approximately 187 million annual transacting users

The iPhone 16 series will include the iPhone 16e, a new entry-level model for budget-conscious users.

More: Why private equity firms are investing in HR tech in Japan and Aspire launches a program to aid early-stage startups.

Vivo's new robotics lab will use the company’s AI, imaging technologies, and spatial computing infrastructure.

This collaboration allows users of 14 international payment apps to transact at over 400,000 merchants across Sri Lanka.

CEO Andy Jassy revealed that Amazon has built around 1,000 generative AI applications.

Users can send payment requests through messaging platforms like WhatsApp.

Namirial’s founder and CEO, along with the management team, will retain a significant stake in the company.

BharatPe's NBFC arm, Trillion Loans Fintech, contributed positively with a profit of 29.7 crore rupee (US$3.46 million).