Selection is the flavor of life
Neuberg Diagnostics, Foundation Robotics, Mirxes and others elevated financing today.
We have actually obtained brand-new victories, we count ’em
The Offset is Technology Asia’s cost-free e-newsletter describing the largest tales and patterns in eco-friendly technology.
Atmosphere Ministry signs up with Oriental gov’t in obstructing DeepSeek
Various other created AI systems, such as OpenAI’s Chatgpt, are still obtainable.
has no time at all to commemorate the brand-new year
AusperBio, Calo, Captain Fresh and others elevated funds today.
Israeli solar company names new CEO
Shuki Nir succeeds Ronen Faier, who will serve as interim CEO from August 2024.
The tourism money train is coming
Zomato, Not a Hotel, KKday and more raised funds this week.
Indian healthcare startup secures $700,000 in seed funding
Neuronics' blood analyzer can produce results from a finger-prick sample in 10 minutes.
Dell, Nvidia fuel Musk's xAI supercomputer in Memphis
xAI is developing large-scale computing facilities to enhance the development of its artificial intelligence tools.
Paytm parent company to sell $250 million stake in PayPay to SoftBank
Through the expected stake sale, Paytm's cash reserves may increase from more than $1.1 billion to about $1.4 billion.
Court upholds law that could ban TikTok in U.S.
ByteDance has until January 19, 2025 to sell TikTok's U.S. operations or face a nationwide ban.
Carousell cuts 76 jobs across markets (updated)
Carrousel said the purpose of the restructuring was to ensure the group's “long-term sustainability and operational efficiency.”
Indosat and Nokia will promote 4G and 5G infrastructure across Indonesia
The partnership will deploy Nokia's radio technology to improve network connectivity.
Meitu sells entire crypto portfolio for nearly $80 million
The company disclosed in a filing that it sold 940 Bitcoin and 31,000 Ethereum.
Türkiye ends Threads, Instagram profile sharing investigation
The Turkish theme will allow access without linking an Instagram account.
Digital media company TNL Mediagene lists on Nasdaq
TNL Mediagene manages 22 media brands and attracts more than 40 million unique users each month.
Apple leads China, Huawei smartphone shipments surge
Apple maintained its No. 1 position, but iPhone shipments in China fell by 5%.
Big tech companies' AI spending grows 81% in third quarter
Analysts predict that these companies will spend a combined $180 billion on data centers and related costs by the end of 2024.
Indian jewelry startup Bluestone plans $118 million IPO
The IPO will include the sale of 15% of the shares through a tender offer.
Myntra launches 30-minute fashion delivery service in Bengaluru
The company plans to expand its services to other cities such as Mumbai, Delhi and Pune soon.
Israeli AI Clean Energy Company Receives US$10 Million in Series A Financing
Founded in 2021, EnSights focuses on optimizing renewable energy assets.
India's Nykaa Fashion CEO resigns due to personal reasons
Nihir Parikh joined Nykaa in 2015 as chief strategy officer and became CEO in 2022.
Temasek sets up US$7.5 billion private credit arm to invest globally
The entity will have approximately 15 credit investment professionals in New York, London and Singapore.
Indian sportswear company raises $945,000 in pre-Series A round
Terraactive specializes in fabric technologies that include anti-odor and cooling effects.
BitFuFu owns 1,664 Bitcoins
BitFuFu partners with Bitmain to enhance its mining operations and acquire advanced equipment.
Musk’s xAI raises $6 billion, plans supercomputer for artificial intelligence tools
Part of xAI's funding will be used to develop a supercomputer facility in Memphis.
Israeli tech startup M&A hits record $910 million
This year, cybersecurity deals accounted for about 30% of Israeli technology deals.
Former Google NotebookLM team now launches startup in stealth mode
There's no confirmation yet whether it will reflect NotebookLM's AI-assisted plans or pursue a different field.
Dubai attracts the super-rich, but not their assets
Still, the influx of wealth into UAE cities is likely to support their growth as booking hubs.