Investment stories - Page 9

Thesys has secured USD $4 million in funding led by Together Fund to revolutionise AI-driven interfaces with its innovative 'Generative UI' platform.

Spot AI has unveiled its new Video AI Agents, revolutionising surveillance technology following a recent funding round that secured USD $31 million.

Silicon Valley Bank has granted Bugcrowd USD $50 million to enhance its AI-driven cybersecurity solutions and accelerate growth in the global market.

DigitalBridge has unveiled plans to acquire Yondr Group, a key player in hyperscale data centres, amid rising demand driven by AI advancements.

Singapore's Supermom has raised SGD $18 million in a series B funding round led by Granite Asia, aiming to enhance AI capabilities and expand internationally.

Cohesity has appointed Vasu Murthy as Senior Vice President and Chief Product Officer to enhance its data security portfolio amid substantial growth.

FedEx's latest economic impact report reveals a USD $1.7 billion boost to the Asia-Pacific economy in FY 2024, enhancing regional commerce and connectivity.

Zoho has announced a partnership with NVIDIA to enhance its AI capabilities, investing USD $10 million to improve large language models for its SaaS applications.

Investment in Australian data centre capacity is projected to surpass AUD $26 billion by 2030, driven by soaring demand for digital services.

Nick Hoar joins Volution as Senior Partner, bringing over 30 years of asset management experience to bolster the firm's global expansion efforts.

Socket has completed a USD $40 million funding round, aiming to enhance security for open-source software amid rising supply chain attacks.

A new study reveals that 70% of telecommunications firms are adopting generative AI, outpacing other sectors in investment and implementation.

ProPal Robotics and OnRobot have unveiled Southeast Asia's first off-the-shelf palletising automation solution, targeting Singapore's SME manufacturers.

Mobii Green Energy Group has partnered with North Rakaia Ltd to launch a green hydrogen data centre in Canterbury, featuring an initial investment of USD $2 billion.

Layer has raised USD $6 million in seed funding to enhance trust in internet software, spearheading advancements in decentralised application technology.

Oracle plans to invest over USD $6.5 billion in AI and cloud services in Malaysia, launching a new public cloud region for enhanced digital capabilities.

Google Cloud and DNeX partner to offer sovereign cloud services in Malaysia, targeting industries with strict data needs like finance and healthcare.

LitUp Network and International Gateway Company have inked a USD $300 million MoU to enhance Thailand's network infrastructure, boosting their ASEAN presence.

Princeton Digital Group plans a USD $5 billion expansion in Asia, adding 500 MW in India, Malaysia, and Indonesia to meet surging AI-driven data centre demand.

Google has declared a USD $1 billion investment to boost Thailand's digital infrastructure, bolstering cloud and data centres in Bangkok and Chonburi.