Deals
DALI has issued ordinary shares worth $28.4m to existing investor Venturi Partners.
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SG cleaning robot maker LionsBot's losses widen in 2025 despite higher revenue
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OpenAI sees nearly $280b cash burn by 2030
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Anthropic looking to launch new AI model ahead of IPO
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Chinese 'robot brain' startup eyes GPT 3.0 as soon as next year
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China's RoboTechnik to launch $800m Hong Kong listing on Sept 21
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Founding members include CIC, Thailand’s Government Pension Fund, INA and Khazanah, among others.
IPOs & Markets
Trading in the new instruments will commence on Wednesday.
The bonds were launched at 173 basis points over U.S. Treasuries.
Policy & Regulations
Minimum market cap to be lowered; multinationals without local base to be allowed.
The proposed investment will be committed in tranches.
Analysis
Operators face greater scrutiny over pressure on electricity and communities.
The launch follows Kasikornbank’s gradual expansion into Bank Maspion over the past decade.
Cutting-edge analyses, interviews, scoops and more in this edition.
Venture Capital
It backed US-based Alpaca, Singapore’s Qoala, and enterprise AI platform Whale.