Swiggy gears up for $11.3b IPO in November
The IPO valued at US$1.3 billion is set to begin on November 6.
View ArticleIntel invests $300m in Chengdu chip packaging facility
This investment aims to enhance packaging capacity and customer support.
View ArticleLuckin Coffee eyes US expansion with $2 drinks
Luckin intends to focus on cities like New York that attract large numbers of Chinese students and tourists.
View ArticleFood services platform Coox raises $125k in seed funding
The investment aims to expand its service operations from 20 to 40 cities across India.
View ArticleByteDance founder now China’s richest
His wealth reached 350 billion yuan (around US$49 billion), according to the Hurun Research Institute's 2024 Rich List.
View ArticleTSMC shelves Bitmain Arizona chip project
Bitmain is known for its Bitcoin-mining chips but is now shifting focus to AI chips.
View ArticleGoogle expands AI search summaries to over 100 countries
AI Overviews now support multiple languages, including Hindi, Portuguese, and Japanese.
View ArticleAutomation firm EvoluteIQ raises $20m for global expansion
The funding aims to enhance EvoluteIQ’s AI automation platform and support its global expansion efforts.
View ArticleIntel cuts Israeli jobs, ends free office perks
Complimentary beverages, including coffee, were discontinued at Intel's Israeli offices.
View ArticleMicrosoft faces slowest revenue growth amid AI concerns
Microsoft's enterprise-focused Copilot assistant costs US$30 monthly, yet faces slow adoption.
View ArticleHong Kong exchange launches crypto index for Asia
This initiative aligns with Hong Kong's ambition to become a leading digital assets hub.
View ArticleBiden agrees to restrict China’s access to AI chips
Since October 2022, the US has engaged in a "chip war" with China to control high-performance chip production and access.
View ArticleApple’s revenue to rise 5.7% with strong iPhone, iPad sales
The tech company will release its financial results on Thursday, revealing the new iPhone's performance since its launch.
View ArticleThese are Asia’s most active investors in AI
We've compiled a list of investors that are pouring money into Asia’s AI startups.
View ArticleData centers power up industrial regions beyond Jakarta
Seven foreign data center companies expressed interest in investing in Indonesia in the second half of 2024.
View ArticlePayPal stock falls 7% after weak Q4 forecasts
Despite better than expected Q3 earnings, July to September revenues fell short of projections.
View ArticleHK fintech startups secure $300m in Saudi Beta Lab deal
Hong Kong-based startups can secure funding and offer expertise in AI, biotechnology, and green technology.
View ArticleAgritech startup Chickin Indonesia nets $20m for expansion
Chickin Indonesia also plans to diversify its product offerings with the new funding.
View ArticleMicrosoft delays Recall tool amid Windows 11 security fixes
Microsoft is focused on resolving security and usability issues before full deployment.
View ArticleOpenAI partners with Broadcom, TSMC for in house AI chip
OpenAI seeks to reduce operational expenses by diversifying its chip supply.
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