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2025-07-08 03:41:22 -

Maybank sees strong AI growth potential in ASEAN amid modest VC funding
Maybank Investment Bank said Monday that venture capital (VC) investment in ASEAN artificial intelligence (AI) remains small – only $6 billion between 2020 to 2024, highlighting room for growth, especially in Malaysia. The research house who attended “The Rising AI Wave – Ambitions vs. Ambiguity” panelist in Invest ASEAN-Malaysia 2025 said in a note that there is a...

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2025-09-26 18:39:56 -

Nvidia to invest $100B in OpenAI
US-based chipmaker NVIDIA and US-based AI firm OpenAI announced a letter of intent for a landmark strategic partnership to deploy at least 10 gigawatts of NVIDIA systems for OpenAI’s next-generation AI infrastructure to train and run its next generation of models on the path to deploying superintelligence. To support this deployment including datacenter and power capacity, NVIDIA intends...

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2025-04-01 08:14:04 -

OpenAI raises $40B in Softbank-led funding at $300B valuation
OpenAI Global, LLC, a United States-based artificial intelligence (AI) research and development company, has announced a new funding of $40 billion led by Softbank at a post-money valuation of $300 billion. OpenAI said in a statement on Monday that the funding enables the firm to push the frontiers of AI research even further, scale its compute infrastructure, and deliver increasingly powerful...

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2025-05-29 07:49:08 -

Singapore’s Investigate VC launches $500M global fund series
Investigate VC, a Singapore-based early-stage venture capital firm focused on high-growth startups with defensible network effects, has announced the launch of its new fund series – Fund 2 (I-III). The platform targets over $500 million in assets under management across three vintages (2025, 2027, and 2029), scaling a proven investment strategy with global reach and institutional-grade...

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