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.
Celcius founder pleads guilty to fraud charges
Masinski was originally charged with seven counts on July 13, 2023.
Swiggy won't expand food delivery service to new cities
Swiggy CEO Sriharsha Majety stressed the need to focus on areas with high growth potential.
Chipmakers NXP and Vanguard consider expanding SG plant
The plant is expected to create 1,500 jobs and be operational by 2027.
Swiggy shares rise 6% after trimming second-quarter losses
Swiggy's operating income grew 30% in the September quarter.
Indian Coaching Academy reportedly to acquire Unacademy for $800 million
This is down from Unacademy's peak valuation of $3.44 billion in 2021.
OpenAI opens Zurich office, hires DeepMind engineers
Engineers will help advance OpenAI's research into multi-modal capabilities.
Indian noodle startup raises $2.3M in pre-Series A round
Founded in 2021, WickedGud makes pasta and noodles using “nutritious ingredients,” according to its website.
Meta considers using nuclear power as its energy source in the 2030s
The company has issued a request for proposals to develop 1 to 4 gigawatts of nuclear energy capacity.
AWS launches AI chip, Anthropic and Apple become first users
These servers will form supercomputers using hundreds of thousands of chips.
U.S. increases chip restrictions to counter Chinese military technology
The measures include controls on 24 semiconductor manufacturing tools and specific software used in wafer production.
Mapping Southeast Asia’s digital banks: Expanding despite slow profits
Southeast Asia's digital banks are struggling with profits, but that hasn't stopped launching new businesses in Thailand and the Philippines.
Nvidia considers mergers, acquisitions to use cash reserves
Chief Financial Officer Colette Kress mentioned that such initiatives can bring in technically skilled teams to enhance Nvidia's projects.
Alibaba invests over US$70 million in South Korean fashion platform
This investment brings the company’s valuation to US$2.2 billion, making it a unicorn in South Korea’s fashion e-commerce industry.
Former Intel CEO Pat Gelsinger could receive $12 million in severance package
He resigned after a board meeting where directors reportedly expressed dissatisfaction with his tactics.
Israeli medical technology startup Droxi receives US$21 million in Series A financing
The platform was founded in 2022 to simplify doctors' access to medical data.
Israeli cloud security company Upwind receives US$100 million in Series A financing
Upwind was founded in late 2022 and has raised a total of $180 million.
Intel appoints interim co-CEO after Kissinger steps down
After the news was announced, Intel's stock price rose nearly 3% in pre-market trading.
Tesla fails to overturn ruling on Musk's $56 billion pay deal
Judge McCormick criticized Tesla's legal arguments for being inconsistent with established legal precedent.
Indonesian construction technology startup Gravel shuts down
The company's website is no longer accessible and its app has stopped accepting new users.
Indian artificial intelligence human resources startup raises US$4 million in financing
The funding will support the startup’s expansion, particularly in the United States and the Philippines
AWS will pilot carbon removal with artificial intelligence technology startups in 2025
The move is part of a partnership with Orbital Materials, a startup using artificial intelligence for materials development.
Delivery Hero's food delivery app to hire 15,000 drivers in Spain
The decision comes after pressure from the government to provide employment contracts to app-based workers.
Udaan is on the road to profitability
More: India's B2B e-commerce unicorn Udaan aims to make profits as Amazon faces scrutiny over alleged labor law violations.
Bezos and Samsung invest $700 million in AI chip startup Tenstorrent
Tenstorrent aims to challenge Nvidia by providing affordable chips using open source technology.