Technology

Can China’s ‘six little dragons’ slay their AI, robotics rivals from the US?

Deepseek and its Chinese peers have lower cost and national support on their side

The layoffs reflect an adjustment to AI adoption and other economic shifts.

From Amazon to Microsoft, AI is driving thousands of job cuts worldwide

Global banks alone will let go of as many as 200,000 employees in the next three to five years

January Capital founding partners Jason Edwards (left) and Benjamin Dunphy. The firm says that its Growth Credit Fund aims to fill a “critical capital gap” in Asia-Pacific.

January Capital’s private credit fund marks final close at over US$130 million

The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans

One of Toku's key technologies is in AI, which transcribes, summarises and then analyses conversations for sentiment.

Customer experience tech startup Toku files preliminary prospectus for Catalist IPO

It will use the proceeds to fund R&D, market expansion and to improve its financial position

Singapore ranked ahead of Australia, Vietnam, Hong Kong, and South Korea as an investment destination in the PwC poll.

Singapore-focused investors look to tech sector for growth: poll

Power and utilities ranks as second sector to draw most investments, followed by asset and wealth management

Meta Ray-Ban Gen 2 AI glasses. The metaverse group sits within Reality Labs, which produces the company’s smart glasses made with EssilorLuxottica’s Ray-Ban.

Meta delays release of Phoenix mixed-reality glasses to 2027, Business Insider reports

[Bengaluru] Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to get the details right, Business Insider reported on Friday (Dec 5), citing an internal memo.

SoftBank’s billionaire founder Masayoshi Son is trying to capitalise on soaring demand for the computing capacity that underpins AI applications.

SoftBank in talks to buy data-centre investor DigitalBridge

[TOKYO] SoftBank is in talks to acquire DigitalBridge Group, a private equity firm that invests in assets such as data centres, as it seeks to take advantage of an artificial intelligence (AI)-driven ...

Meta chief executive Mark Zuckerberg has made AI a priority at the tech giant with a stated aim of achieving “superintelligence”.

Meta buys AI wearables startup Limitless

[NEW YORK] Meta on Friday (Dec 5) confirmed it is buying Limitless, a US startup that makes a wearable pendant that records and summarises conversations and meetings with the help of artificial intell...

A scale model of the facility, which is scheduled to begin operations in early 2028.

CLI-backed SC Capital starts work on US$600 million first phase of Osaka data centre

The 100MW facility in a prime location will have direct access to robust power infrastructure and major network routes

Macquarie analysts said that fears of the AI bubble bursting have spooked some investors, resulting in a number of market sell-offs this November.

Concerns about AI bubble overblown as Chinese tech giants step up race against US players: analysts

South-east Asian players, on the other hand, are likely to display more promise as AI adopters