Technology

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

Applications will be assessed holistically based on their strategic value to Singapore’s digital economy, broader economic contributions, and commitment to sustainability, says IMDA.

EDB, IMDA launch second exercise to expand data-centre capacity

At least 200 MW of capacity will be made available from this initiative

From left: MetaOptics’ executive chairman and chief executive, Thng Chong Kim with deputy chief executive officer Aloysius Chua and chief financial officer Chu Wee Liat. The firm said in a release on Monday that it is proposing a placement of 6,685,028 new ordinary shares at S$0.7255 per placement share.

MetaOptics shares close 16.8% higher on proposed share placement

Proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global orders

Tencent will become a minority shareholder in a new Ubisoft subsidiary Vantage Studios.

Ubisoft finalises Tencent accord as it resumes trading

[PARIS] After a week away from the markets’ glare when the postponement of its results triggered speculation in the gaming world, French video game firm Ubisoft resumed trading Friday (Nov 21) with a ...