The Business Times

Startups & Tech

Elon Musk’s xAI raises US$15 billion in latest funding round, CNBC reports

Singapore continued to get the bulk of fintech funding in the nine-month period in 2025.

Funding for fintech in South-east Asia in 2025 drops to lowest level since 2016: UOB, PwC and SFA report

Temasek will seek better governance as part of its engagement with potential portfolio companies.

Temasek to shift focus from direct investing in early-stage startups to later-stage ones

Lenskart's IPO attracts subscriptions worth 28 times the number of shares on offer.

Temasek-backed eyewear firm Lenskart seesaws in India trading debut

Deepseek Senior Researcher Victor Chen Deli says: “I’m extremely positive about the technology but I view the impact it could have on society negatively.”

DeepSeek researcher pessimistic over AI’s future impact on jobs and society 

Jeffrey Seah (centre) has sat on Hepmil’s board of directors as vice-chairman since 2017.
Tech in Asia

Angels to pocket over 20 times returns from sale of Singapore’s Hepmil

OpenAI will begin using Amazon Web Services immediately, with all planned capacity set to come online by the end of 2026 and room to expand further in 2027 and beyond.

OpenAI, Amazon strike US$38 billion agreement for ChatGPT maker to use AWS

Lenskart’s IPO offers scale but not necessarily value, according to analyst.

Lenskart US$821 million IPO price sparks concern over Indian startup valuations

Airwallex is on track to surpass US$2 billion in annualised run rate within the next 12 months, says co-founder and CEO Jack Zhang.

Airwallex crosses US$1 billion in annualised revenue, eyes doubling within a year

Ohmyhome is searching for a new chief financial officer to fill the vacancy left by Wong’s resignation.
Tech in Asia

Ohmyhome co-founder Rhonda Wong resigns as CEO at Nasdaq-listed proptech

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