Tech in Asia

With this acquisition, Ampere joins Arm Holdings under SoftBank, strengthening its AI-focused chip portfolio.

This collaboration marks the first between SK On and Nissan, with a battery supply of 99.4 GWh.

The stock had previously closed up 0.7% at US$54.57 before dropping to US$52.79.

Privy plans to use the new capital to double its workforce from 25 to 50 employees over the next 18 months.

Manycore Tech offers Coohom and SpatialVerse under a freemium model, reporting 86.3 million monthly active visitors in 2024.

Despite fewer deals, the total investment value in February held steady at around $1 billion.

Since Musk's acquisition, X has faced major challenges, including workforce reductions and a decline in advertisers.

Aggarwal plans to return to entrepreneurship to launch a new company.

Nazara Technologies has acquired an additional 8.97% stake in Absolute Sports, the parent company of Sportskeeda.

Cognite serves clients like AkerBP, Cosmo Energy Holdings, and Koch Chemical.

The meeting included key industry players such as NXP, STMicroelectronics, Infineon, Bosch, ASML, ASM, Zeiss, Air Liquide.

The joint venture aims to deploy 25 gigawatts of power, with facilities expected operational in three years.

Discussions about the IPO are in the early stages, and no final decisions have been made regarding its size or timeline.

Zhipu AI was valued at 20 billion yuan (US$2.77 billion) in July 2024.

With around 300,000 users, Versa facilitated over 500 million ringgit (US$112.98 million) in savings in 2024.

Funding Societies intends to use the new funding to enhance its technology-driven approach.

Tala has over 3 million clients in Mexico and issued more than US$500 million in loans in the country in 2024.

The company offers platforms a mini-games engine and a software development kit (SDK).

Yango Group has launched Yango Ventures, a corporate venture fund to support startups in high-growth regions.

The EU's DMA targets competition issues from major tech firms like Google, Apple, Amazon, Meta, and Microsoft.